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Advance Tax

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(Querist)
16 June 2017 if i am not paid Advance Tax of 15% of Tax on 15th june..(last date for first installment) can i pay directly 45% of advance tax on Second installment on or before 15th September to save interest on tax on which i was not paid on First installment????
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
16 June 2017 You have to do so. But instead interest for three month is chareged in respect of first instalnent.
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M.M Sachora

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M.M Sachora (Querist)
17 June 2017 Thanks a lot mam
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