RELATING TO ADVANCE TAX PAYMENT


This query is : Resolved 

(Querist)
20 August 2008 IF ADVANCE TAX NOT PAID THEN WHAT CAUSED ARE ARISED FROM INCOME TAX AND IF THE ADVANCE TAX PAID ONLY SMALL AMOUNT BUT THE INCOME IS VERY HIGHLY IF HE PAYS TOTAL TAX AS A SELF ASSESEMENT TAX OR NOT

CHEZHIYAN (Expert)
20 August 2008 your question is not not clear!!!!!!!!!


but if your tax liability crosses 5000
then you have to pay advance tax

or else you may need to pay interst for the same


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