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Rule 86b 1% payment

This query is : Resolved 

Our co has paid income tax liability more than 2 lakhs in last 2 previous years....are we not supposed to follow rule 86(b) for this year?
Income tax payment here i mean paid through advance tax too like
tax liability-10 lakhs
Advance tax paid-9.5 lakhs
Self assessment-50000

Yes, total tax including advance tax.


Bajaj Finserv

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