ADVANCE TAX
This query is : Resolved
22 September 2010
HOW COULD I PREPARE TAXABLE INCOME TO CALCULATE ADVANCE TAX.
Please help me in simple way
thanks
Please help me in simple way
thanks
22 September 2010
Use the last years final excel template.
Put the estimated figures for all the expenses for current FY.
Then calculate the tax payable @ current year's rates.
calculate the % (based on the instalment no.)
Deduct the already paid advance tax.
Deduct the estimated Tax deducted by your party on your income (TDS)
Pay the balance tax (ideally do a rounding of 100/-)
Put the estimated figures for all the expenses for current FY.
Then calculate the tax payable @ current year's rates.
calculate the % (based on the instalment no.)
Deduct the already paid advance tax.
Deduct the estimated Tax deducted by your party on your income (TDS)
Pay the balance tax (ideally do a rounding of 100/-)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Taxation on LTCG for property sold after 24JUL2024
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- LTCG for Assmt year 26-27
- REGARDING GST LIABILITY/....
- Free lancer income
- Long Term Service award taxability in hands of company
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
