Tax payment

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 August 2013 Dear Sir,
Our turnover in fy 2012-13 is Rs. 1.25 crore and self Assessment Tax is Rs. 8560/-.
Whether it is mandatory for us to deposit income tax online or manually challan also can be deposit.

Please clarify.

Ganeshbabu K

Ganeshbabu K (Expert)
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24 August 2013 Need to deposit tax online as tax audit applicable to you in previous year

Refernce:

NOTIFICATION NO. 34/2008, DATED 13-3-2008

which says

. (1) The following persons shall pay tax electronically on or after the 1st day of April, 2008:-

(a) a company; and

(b) a person (other than a company), to whom provisions of section 44AB are applicable.

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