Advance tax v/s TDS
This query is : Resolved
DR SUNDEEP NIGAM
(Querist)
07 October 2019
I am a govt employee I have estimated my annual income and monthly TDS is deducted from my salary.This month I have got some extra amount from my office should I pay advance tax on this amount so that my TDS amount remain the same .OR extra TDS in month of February when I inform my office about all the saving and all remaining tax is deducted from February salary.
07 October 2019
You have to recalculate your Anticipatory Statement and allow the DDO to Charge TDS from your Salary.Do not wait For February.
DR SUNDEEP NIGAM
(Querist)
09 October 2019
is there any harm if I pay advance tax on amount received other than my salary so that my TDS remain the same
09 October 2019
You have to revise annual income after considering the additional amount received this month and work out the revised tax and from that TDS deducted so far to be subtracted and the balance tax payable is to be divided into 6 months and TDS to be deducted accordingly.
09 October 2019
You need not pay advance tax
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EPF ECR NEW FILE SEP 17TH 2026
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- Oct 2025 Invoices
- Capitalgain tax purposes for valuation report compulsory
- Under marginal scheme
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- GST on Renting godown to KFCSC for Storage of Raagi
- Import of Software Service.
- TAX AUDIT ON PROFESSIONAL INCOME
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
