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Yes, if tax is unpaid. Sec 234A (now Sec 423) charges 1% a month or part of a month on unpaid tax from the day after the due date until filing. Sec 234B and 234C interest for advance tax may also apply.
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Yes, if tax is unpaid. Sec 234A (now Sec 423) charges 1% a month or part of a month on unpaid tax from the day after the due date until filing. Sec 234B and 234C interest for advance tax may also apply.
Sec 234A, Income-tax Act 1961 (now Sec 423, Income-tax Act 2025); Sec 234B, Income-tax Act 1961 (now Sec 424, Income-tax Act 2025); Sec 234C, Income-tax Act 1961 (now Sec 425, Income-tax Act 2025)
If all your tax was covered by TDS, Sec 234A interest is nil and only the fee applies. Example: unpaid tax ₹30,000 for AY 2026-27, due date 31 July 2026, filed 5 December 2026. That is August to December, 5 months, so ₹1,500 under Sec 234A. The utility computes it; pay before submitting.
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