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Advance tax

Tax queries 481 views 4 replies

IS IT POSSIBLE & OK OR ANY KIND OF ISSUE MAY B RAISE IN FUTURE WHILE SCRUTINY..........?

THAT COMPANY HAS PAYING RS. 20000 ADVANCE TAX FOR 1ST 2 QTR

                                                       RS. 25000 ADVANCE TAX FOR 3RD QTR.

                                                      RS. 300000 ADVANCE TAX FOR 4 QTR ON 15.03.2012

 

Replies (4)

Interest will be applicable on shortfall of the installments.

OK   !!!     

THANK U SIR............& ANY OTHER THING ..................

Originally posted by : PRANIT

OK   !!!     

THANK U SIR............& ANY OTHER THING ..................


No..........

it will spefically not make any problm in future because assessee may increase or decrease instaallments of advnce tax


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