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Income-tax Interest & Late-Fee Calculator
Work out the interest on TDS or TCS deposited late, the late fee on a quarterly TDS statement or an income-tax return, and the interest on advance tax paid short or late.
Checked: November 2026
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How this calculator works
The Income-tax Act, 2025 applies from 1 April 2026. The rates below are the same as under the earlier Act; only the section numbers changed. Each result shows the earlier section in brackets.
or paid late (Section 398, earlier 201(1A)): 1% a month from the date tax should have been deducted to the date it was deducted, and 1.5% a month from the date it was deducted to the date it was deposited. Part of a month counts as a full month.
Late quarterly statement (Section 427, earlier 234E): ₹200 for every day after the due date until the statement is filed, but not more than the tax in the statement.
Late income-tax return (Section 428, earlier 234F): ₹1,000 where total income is up to ₹5 lakh, and ₹5,000 otherwise.
Advance tax (Sections 424 and 425, earlier 234B and 234C): interest when instalments are paid short or late, and 1% a month when less than 90% of the year's tax was paid by 31 March.
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