25 March 2017
Hello Sir / Madam I am an individual salaried person with gross salary package around 9 Lac per annum. TDS has been deducted by the employer. However, I have to pay the Income Tax of my interest income on FDs, Short Term Capital Gain tax on sale of IPO shares etc. So by which date I can be allowed to pay my tax on such income without interest. Is interest leviable on salaried person if such tax not paid by 31/3/17. Please guide. thanks in advance
25 March 2017
If the tax payable on other than salary income exceed 10;000 advance tax payable quarterly other wise interest payable. Provided tax is fully deducted on salary.