Advance tax

This query is : Resolved 

22 April 2015 PLEASE LET ME KNOW WHEN PERSON BECOME LIABLE FOR ADVANCE TAX.....

WHATS IS MEANING OF MFR IN SERVICE TAX RETURN

22 April 2015 Every assessee shall be liable to pay advance income-tax during any financial year in respect of his total income of the financial year, if the amount of advance income-tax payable exceeds ten thousand rupees.

THE MEANING OF MFR is "MARKED FOR REVIEW" AND IT IS INTERNAL REMARK OF DEPARTMENT AND NEED NOT TO WORRY. IT IS DUE TO CHALLAN MISMATCH OR THE DETAILS OF CHALLANS ARE NOT UPDATED IN DATABASE OF SERVICE TAX DEPARTMENT.



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