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Discussion > Income Tax > TDS >

Advance tax

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[ Scorecard : 29] 		Posted On 10 April 2012 at 16:00 Report Abuse

liabilty of advance tax is arised when tax amount in one F.Y. in more than 10000

limit of 10000 is shown after deducting TDS

i want to know

whether the word is deductible or deducted in respect of advance tax

Giridhar S Karandikar
Team Lead

[ Scorecard : 2670] 		Posted On 10 April 2012 at 17:57

The TDS amount is reduced from the total tax & advance tax on the balance tax amount is payable.

 

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