Advance Tax

This query is : Open 

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????

16 June 2017 You have to do so. But instead interest for three month is chareged in respect of first instalnent.

17 June 2017 Thanks a lot mam


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