Advance tax on income from profession

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 August 2013 Dear Sir,

Kindly arrange to give brief details on applicability of advance tax on professionals.

22 August 2013 advancetax applicable if taxliability exceeds 10000

For Non-Corporate Assessee

On or before 15 September – not less than 30% of tax payable for the year

On or before 15 December – not less than 60% of tax payable for the year

On or before 15 March – not less than 100% of tax payable for the year


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