Advance Payment of INcome tax
This query is : Resolved
Guest
Guest
(Querist)
02 October 2008
Dear Experts
Section 208 makes it obligatory to pay advance tax in every case where the advance tax payable is Rs. 5000 or More.
Whether Above Rs. 5000/- is to be considered while calculating total advance tax for the year or for induvidual installment.
Rohit
Section 208 makes it obligatory to pay advance tax in every case where the advance tax payable is Rs. 5000 or More.
Whether Above Rs. 5000/- is to be considered while calculating total advance tax for the year or for induvidual installment.
Rohit
02 October 2008
Total advance tax for the year. Pl refer page 288 of V.G.Metha's Income Tax Ready Reckoner(70th year publication)also.
02 October 2008
It is not individual instalment, but total for the year, after deducting TDS for the year.
Guest
Guest
(Querist)
03 October 2008
Thanks
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reopen of assessment proceeding
- Is any professional CA is here please reply
- Putting a heading on received mail
- Gift Received from nonblood relative
- Rental income gst and it purpose
- EPF FULL & FINAL RULES IN 2026
- Experts need help
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Foreign lottery ticket bought online from India: legality, tax and consequences
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
