banner_ad

Advance tax

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 March 2015 Hi

my monthly tds is deduct Rs.24000 per month in this financial year , so i want to pay advance tax or not .please advice .
Profile Image

CA AnKiT BoHrA (AB)

Profile Image

CA AnKiT BoHrA (AB) (Expert)
16 March 2015 it depends on your total income.. how much taxable income u have dear...
Profile Image

CA Kapil Verma

Profile Image

CA Kapil Verma (Expert)
16 March 2015 Ankit is correct.

calculate the Total tax liability and less The TDS deducted if there is balance tax payable,

Then pay advance tax.

actual applicability and benefit of paying advance tax can be calculated only with supporting. you should contact a profession l to do so.
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
16 March 2015 you have to calculate total income and then if your tds amount not sufficient to pay off your tax libaility then you have to pay advance tax.
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
16 March 2015 https://taxguru.in/income-tax/advance-tax-provisions-in-brief-download-advance-tax-payment-challan-and-utility-to-pay-income-tax-online.html.


read full article about advance tax liability
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details