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Failure to pay advance yax

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 March 2013 If a company could not deposit advance tax by 15.03.13, can it deposit now or it should deposit after 31.03.13 as self assessment tax.
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CA Chirag Haraniya

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CA Chirag Haraniya (Expert)
21 March 2013 It can Pay Tax even before 31.03.2013 still it will be considered as Advance Tax for Section 234B, and Interest u/s 234B still can be avoided by paying Advance Tax.
Else u can pay SA Tax after 31.03.2013.
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