Advance tax
This query is : Resolved
28 December 2015
pl guide me for provision of Advance Tax under Income Tax Act 1961, and what is due date of deposit of advance tax.
29 December 2015
Due date of payment of Advance Tax for Individuals/Firm/HUF/Other Non Company entity is as under:
15th September - At least 30% of Tax on total income for the year.
15th December - At least 60% of Tax on total income for the year less advance tax already paid.
15th March - 100% of Tax on total income for the year less advance tax already paid.
Advance Tax payment due date for All Companies:
15th June - At least 15% of Tax on total income for the year.
15th September - At least 45% of Tax on total income for the year less advance tax already paid.
15th December - At least 75% of Tax on total income for the year less advance tax already paid.
15th March - 100% of Tax on total income for the year less advance tax already paid.
15th September - At least 30% of Tax on total income for the year.
15th December - At least 60% of Tax on total income for the year less advance tax already paid.
15th March - 100% of Tax on total income for the year less advance tax already paid.
Advance Tax payment due date for All Companies:
15th June - At least 15% of Tax on total income for the year.
15th September - At least 45% of Tax on total income for the year less advance tax already paid.
15th December - At least 75% of Tax on total income for the year less advance tax already paid.
15th March - 100% of Tax on total income for the year less advance tax already paid.
29 December 2015
https://www.caclubindia.com/forum/details.asp?mod_id=329427
Also go through file from above link for various tax rates and due dates.
Also go through file from above link for various tax rates and due dates.
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Employee secondment
- IMS (import of goods) ITC related
- Applicability of tax on invoice
- Advances to related party
- GST ITC as per notification 12/2023- central tax
- Urd purchase entry in tally prime
- Form 144 TDS Return Validation Error – Mandatory Fields
- GSTR9 Annual Return
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Ito add credit side of bank
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
