Income tax query
Ravi Singhal (Others) (24 Points)
11 June 2015Ravi Singhal (Others) (24 Points)
11 June 2015
CA Salman Ansari
(Salman Ansari & Assoc.)
(247 Points)
Replied 11 June 2015
Advance Tax, if your total tax liability for the year increased 10,000 Rs.
Self-assessment tax for FY is paid in the year following the FY, i.e. in AY.
Hope this helped.
CMA Poornima Madhava
(CMA)
(13097 Points)
Replied 11 June 2015
have u paid tax in advance for FY15-16, is it business income?
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"