Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 December 2012
sir i was a salaried now i am working as a proffesional my TDS is deducted and form 16A is given at financial year end.
1) do i have to pay advance tax quarterly or can pay tax after assesing ITR.
2)what are deductions allowed for proffesional income.
1) do i have to pay advance tax quarterly or can pay tax after assesing ITR.
2)what are deductions allowed for proffesional income.
20 December 2012
hi
yes you need to pay your advance tax quarterly as per prov of IT.
you can claim all expenses related to your business u/s 27 of IT
Thanks//Vaibhav
yes you need to pay your advance tax quarterly as per prov of IT.
you can claim all expenses related to your business u/s 27 of IT
Thanks//Vaibhav
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