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Advance tax.

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Querist : Anonymous (Querist)
18 July 2014 IF COMPANY'S TOTAL TAX LIABILITY SAY RS. 8000 THEN COMPANY LIABLE FOR ADVANCE TAX

18 July 2014 No if tax liability is above Rs. 10,000/- then Advance Tax is applicable.


visit the following link for more details:-


https://www.lessmytax.com/advance-tax-payment-due-dates/

18 July 2014 As per section 208 of IT Act, 1961 - if the assessee's tax liability during that year is less than 10,000 then it is not liable to pay advance tax.


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