Advance tax

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Rohini More (Querist)
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16 March 2009 hii everyone
is the last date for submission of advance tax for A.Y 09-10 for month march extended to 16th of march 09?

its urgent!!!!!

CA LOKESH KASAT, FCA, M.Com

CA LOKESH KASAT, FCA, M.Com (Expert)
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16 March 2009 Yes last date is 16th March

CA Tilak Raj Sharma

CA Tilak Raj Sharma (Expert)
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16 March 2009 No, last date is 15.03.2009, but if on the last day there is banking holiday then last date will be treated the next working day for bank. However if you will deposit after 15.02.2009 but before 31.03.2009 that will also be treated as advance tax.

Rajeev Garg

Rajeev Garg (Expert)
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16 March 2009 whenever Sunday/Holiday fall on last date then next working day is assumed as last date in all cases.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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16 March 2009 Pl refer CBDT Circular 676 dated 14/1/1994 for the answer.

Rohini More

Rohini More (Querist)
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16 March 2009 thank you!!!!

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