Advance tax


This query is : Resolved 

(Querist)
27 January 2015 in case of corporate assessee, if business is started in nov, 2014, then whether there is any advance tax liability towards June & Sept installments. pls suggest.

27 January 2015 https://taxguru.in/income-tax/advance-tax-provisions-in-brief-download-advance-tax-payment-challan-and-utility-to-pay-income-tax-online.html

refer this for details.

Rupesh Jain (Expert)
27 January 2015 no you to have to pay tax on installment .

01 February 2015 No liability for June and September Quarter. Advance tax provision will be applicable from December.


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