Section 234A Interest Calculator
Use this tool to calculate Interest under Section 234A of the Income-tax Act,1961 levied for late filing of Income-tax returns
Section 234A Interest Calculator
– Interest is 1% per month or part of month on tax due, from the day after the due date till the date of filing.
– Any fraction of ₹100 in tax is ignored (rounded down).
– Any part of a month is treated as a full month.
Example: If you are 2 months and 5 days late, interest is for 3 months.
– Any fraction of ₹100 in tax is ignored (rounded down).
– Any part of a month is treated as a full month.
Example: If you are 2 months and 5 days late, interest is for 3 months.
Disclaimer: This calculator is provided for informational and general guidance purposes only and does not constitute professional tax or financial advice. The results generated are based on the information entered and the current understanding of Section 234A of the Income Tax Act. Users are strongly advised to consult a qualified tax professional before making any decisions or taking action based on this tool. The website owner is not responsible for any errors, omissions, or outcomes resulting from the use of this calculator.