I am a salaried employee and have fixed deposit in bank & a consultancy fee received during FY2015-16. While TDS is deducted from salary & 10 % from bank interest, need to pay remaining 20 % as self assessment tax. I am planning to pay this week and file returns. In ITR-1 Java utility, there is interest under section 234 B and 234C. My question is am I liable to pay this interest? My Tax details are as follows : TDS from salary : Rs 224024 , TDS from bank etc : Rs 10973; self assessment tax : Rs 21642, Interest charged under section 234 B- 864, interest under section 234 V-795. Please advice.
Refer this complete guidelines of IT Department.