01 July 2008
It is the amount of tax that you have already paid during the year. ie Advance TAx + any tax of previous Fy paid during the year(ie self assessment tax of previous year)+ any other amount paid as tax during the year.
01 July 2008
It is normally your movement from your previous year tax provision less current year tax provision, and reason for differences have been explained above, it also needs to be netted off for any refunds received from tax dpt.
CAclubindia
