Interest u/s 234 — Free Online Calculator for India AY 2025-26

Sec 234A/B/C interest for late payment

Interest u/s 234

Tax
Interest u/s 234A₹4,000
Interest u/s 234B₹12,000
Interest u/s 234C₹0
Total Interest₹16,000

Breakdown

Sec 234A — 2 month(s) @ 1% per month = ₹4,000

Return filed 2 month(s) after due date. Interest on unpaid tax of ₹2,00,000.

Sec 234B — 6 month(s) @ 1% per month = ₹12,000

Advance tax paid (₹1,00,000) is less than 90% of assessed tax (₹3,00,000). Interest on shortfall of ₹2,00,000.

⚠️ This calculator is for informational and educational purposes only. It does not constitute tax advice, investment advice, or financial planning. For personalized advice, please consult a qualified professional through Finamize.

Source: Income Tax India — https://www.incometaxindia.gov.in | AY 2026-27 (FY 2025-26)

⚠️ This calculator is for informational and educational purposes only. It does not constitute tax advice, investment advice, or financial planning. For personalized advice, please consult a qualified professional through Finamize.

Source: Income Tax India — https://www.incometaxindia.gov.in | AY 2026-27 (FY 2025-26)

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