Advance income tax for partnership firm

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Rahul Ojha (Querist)
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14 September 2012 Dear Sir

We will be deposit my partnership firm's advance income tax.we calculate approx net profit for fy-2012-13 is Rs.6,42,000.00.My Question No.is

1.How calculate it ?

2.If net profit excess from approx net profit then how will be fill income tax.

Thanks in advance all of you.

Amol S Joglekar

Amol S Joglekar (Expert)
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14 September 2012 start paying advance tax. The BUDGET is something which is bound to go wrong. Income tax permits 10% deviation without attracting interest.

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