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Extra Tax
by Ankur Tyagi on Jul 17, 2008 05:33 PM

In financial year 2007-08 my employer has deducted less tax. so need to give some more money to IT dept. Someone told me that I need to pay some 1.5% interest (per month) on this extra tax amount from Mar 08 to till date (July 08). Is it so?

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The above message is part of the Discussion Board:
Filing tax returns? A step-by-step guide