Self assessment tax
This query is : Resolved
15 May 2012
How & when to calculate & deposit self assessment tax/advance tax for company?
15 May 2012
A company is required to deposit advance tax as follows:
By 15th June - 15%
By 15th Sept - 45%
By 15th Dec - 75%
By 15th Marc - 100%
At the end of the year the company will compute the total tax liability on its income. If the amount of advance tax and TDS falls short of the total tax liability, the company has to deposit the balance amount as self assessment tax.
By 15th June - 15%
By 15th Sept - 45%
By 15th Dec - 75%
By 15th Marc - 100%
At the end of the year the company will compute the total tax liability on its income. If the amount of advance tax and TDS falls short of the total tax liability, the company has to deposit the balance amount as self assessment tax.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
