advance tax
This query is : Resolved
amitsharma
(Querist)
21 August 2010
what is advance tax & how it would be paid
CMA Ramesh Krishnan
(Expert)
21 August 2010
Advance tax is the payment of Income tax in advance for the forthcoming assessment year,
It can be paid online through using challan 280
It need to be paid in 4 installment for corporate assessees and 3 installment for other assessees
Due date for Installment
15th June
15th September
15th December
15 March
It can be paid online through using challan 280
It need to be paid in 4 installment for corporate assessees and 3 installment for other assessees
Due date for Installment
15th June
15th September
15th December
15 March
21 August 2010
What is advance tax -
https://www.incometaxindia.gov.in/acts/income%20tax%20act/209.asp
How it is to be paid -
https://law.incometaxindia.gov.in/DitTaxmann/IncomeTaxActs/2005ITAct/section211.htm
https://www.incometaxindia.gov.in/acts/income%20tax%20act/209.asp
How it is to be paid -
https://law.incometaxindia.gov.in/DitTaxmann/IncomeTaxActs/2005ITAct/section211.htm
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