Hi,
I have to pay my remaining tax from last year (FY11-12). Amount is Rs. 7000. I did not know how to pay remaining tax at that time so just left it and later forgot about it.
I wanted to know how much interest do I need to pay now? + penalty (Rs. 5000). And, do I need to pay it within this year’s due date (31st aug 2012) or I can pay on later dates?
Regards,
Sajal