Income tax

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Querist : Anonymous

Querist : Anonymous (Querist)

11 October 2011 last date of payment of income tax if no advance tax paid and no tds deducted

CA Ashwani Agarwal

CA Ashwani Agarwal (Expert)
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11 October 2011 Please clear your question about which year are you talking about and for which person?

Audited or un audited?

CA SUMiT PATWARi

CA SUMiT PATWARi (Expert)
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11 October 2011 Payment of Advance Taxes of Income Tax - Individual/Firms:
•1st Payment of 30% - 15th September
•2nd Payment of 60% - 15th December
•3rd Payment of 100% - 15th March

Payment of Advance Taxes of Income Tax - Companies:
•1st Payment of 25% - 15th June
•2nd Payment of 50% - 15th September
•3rd Payment of 75% - 15th December
•4th Payment of 100% - 15th March

So if you have not paid any advance tax or no TDS has been deducted, pay all your taxes by 15th March. If you don't interest u/s 234B & 234C on account of short/non/delayed payment of income tax.