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Advance tax

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Querist : Anonymous

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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
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
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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