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Querist : Anonymous

Querist : Anonymous (Querist)

20 May 2013 As an individual tax payer, which type of taxes are paid under advance tax, self assessment tax or regular assessment tax? Please give me guidance.

CA Sourabh Agarwal

CA Sourabh Agarwal (Expert)
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20 May 2013 Any tax paid in advance before 31st March of Previous year is under Advance Tax.
Tax payable during filing of return is under self assessment tax.
Tax calculated by Ass. Office during assessment is under last category.

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