In this paper, we analyze the effects of interference canceller on the performance of multitone DS/CDMA system. Although there are various kinds of interference cancellers suggested by different researchers, we adopt a canceller used by Yoon et at.［9］. We consider three kinds of inteferences, that is, multiPath interference(MPI), interchannel interference(ICI) and multiple access interference(MPI). The equations for variances ate derived for the inteferences and thermal noise used for signal to noise ratio calculation. We also consider RAKE reception over multipath channel and three stage interference canceller used for performance improvement. We draw some conclusions that interference canceller is effective in multitone DS/CDMA system and the performance is further improved with the higer order of diversity and larger number of PN chips.