Advance tax

in which column advance tax is to be paid on e return portal. and any penalty if no advance tax is paid til March and whole amt is paid in One go.
Replies (3)
Quick Summary
This discussion clarifies where to pay advance tax on the e-return portal using challan 280 and the relevant code (0021). It explains that while there's no direct penalty for paying advance tax in one go after March, interest will be charged under sections 234B and 234C based on your tax liability.

In ITR Form, Seperate schedule is provided for TDS, Advance Tax, SA Tax etc
0021-Income Tax Other Than Companies
Advance Tax(100)

If you are individual doing e-payment of income tax through challan no.280 then you may use above code..

Penalty depends on the tax liability.
There won't be any penalty but interest under sections 234B AND C WILL BE CHARGED

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 November 2026
Article Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details