Advance tax

This query is : Resolved

navroz (Querist)
Follow

16 June 2014 in advance tax jo limit he 10000 ki vo previous f.y ki he fir current f.y. agar ye year 14-15 ki bat kare to vo 10000 tax 13-14 me over hoga to 14-15 me advamce tax bharna padega like this.. i confused plz help

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
Follow

17 June 2014 14-15 ke liye lagu hoga. Agar 14-15 ki tax liability Rs 10000/- se jyada hogi to aapko advance tax pay karna padega. To ye aapko pahle se anuman lagana padta hai ki aapki tax liability Rs 10000/- se jyada hogi ya nahi. Salaried persons ko advance tax pay karne ki jarurat nahi kyunki unki salary se TDS kaat liya jata hai.

If the Income Tax Liability of any assessee is more than Rs. 10,000 in a financial year, then he is required to pay advance tax.

Rupesh Jain

Rupesh Jain (Expert)
Follow

20 June 2014 advance tax will deposit if your tax liability is Rs. 10000 or more other wise no requirement of deposit the advance tax.

advance tax will deposit on current year estimated income.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA.Gopal Rathi

S J MITRA

CA Sunny Sharma

Moby Mogli

Vimlesh kumar

Subscribe Now

Advance tax

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

Article Assistant

CA Final

GST CONSULTANCY

GST CONSULTANT

Accountant