Advance tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 June 2017
Dear Sir
If an assessee is having income from house property, presumptive income us 44ADA and Income from other sources. Advance tax is payable only on house property income and income from other sources? or even on presumptive income?
Thanks
If an assessee is having income from house property, presumptive income us 44ADA and Income from other sources. Advance tax is payable only on house property income and income from other sources? or even on presumptive income?
Thanks
29 June 2017
Advance tax has to be paid on all income. But advance tax on presumptive income has to be paid in one installment on or before 15th March.
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