Advance tax
This query is : Resolved
Kumar Avinash
(Querist)
06 September 2017
What is advance tax & rules ? wht is rules of proprietorship firm to pay advance tax ?
Amol S Joglekar
(Expert)
06 September 2017
As per section 208, every person whose estimated tax liability for the year is Rs. 10,000 or more, shall pay his tax in advance, in the form of “advance tax”.
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