advance tax

This query is : Resolved 

19 May 2016 please any one suugest me wen adcance tax is applicable .

19 May 2016 in case of individual : whenever the tax liability after TDS credit etc. exceeds 10,000

19 May 2016 If tax liability exceed Rs.10000/-than advance tax liability arise income to be considered for all income.
Senior citizens who are 60 years or holder. And don't run a business are exempt from paying advance tax.

Due date for advance tax other than Company

On or before 15th June. Nil
On or before 15th September. Upto 30%
On or before 15th December. Upto 60%
On or before 15th March. Upto 100%


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