Advance tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 October 2015
Respected All,
I have a query regarding advance tax.
Payment of Advance Taxes of Income Tax - Individual/Firms:
• 1st Payment of 30% - 15th September
• 2nd Payment of 60% - 15th December
• 3rd Payment of 100% - 15th March
Payment of Advance Taxes of Income Tax - Companies:
• 1st Payment of 15% - 15th June
• 2nd Payment of 45% - 15th September
• 3rd Payment of 75% - 15th December
• 4th Payment of 100% - 15th March
Can I pay Advance tax beyond these dates?
Suppose I did not pay advance tax of September quarter on 15th September.Can I pay it in October or November
Is there any penalty or restriction on payment of advance tax beyond due dates?
I just want to pay IT on lump sum basis whenever i received the money I pay the IT.
I have a query regarding advance tax.
Payment of Advance Taxes of Income Tax - Individual/Firms:
• 1st Payment of 30% - 15th September
• 2nd Payment of 60% - 15th December
• 3rd Payment of 100% - 15th March
Payment of Advance Taxes of Income Tax - Companies:
• 1st Payment of 15% - 15th June
• 2nd Payment of 45% - 15th September
• 3rd Payment of 75% - 15th December
• 4th Payment of 100% - 15th March
Can I pay Advance tax beyond these dates?
Suppose I did not pay advance tax of September quarter on 15th September.Can I pay it in October or November
Is there any penalty or restriction on payment of advance tax beyond due dates?
I just want to pay IT on lump sum basis whenever i received the money I pay the IT.
26 October 2015
you can pay it no restriction but interest will be applicable for the delayed remittance.
Message likes :
1 times
26 October 2015
You can pay no issue at all, if you pay in October for Sept. installment interest will be charged.
Message likes :
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