Advance tax applicability?

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SR.ACCOUNTS EXECUTIVE
38 Points Posted on 09 March 2020
Hi,

I want to know in which cases the advance tax payable. Can any body help on this.

Thanks & Regards,
P. V. BALA KRISHNA.
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On 09 March 2020 at 14:13 Report
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Quick Summary
Advance tax generally becomes payable when your estimated tax liability, after deducting TDS, exceeds £10,000. If this threshold is met, you'll need to pay your advance tax in four instalments throughout the financial year, according to prescribed percentages. This ensures timely payment of your tax obligations.

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"Do the Right Thing...!!!"
128162 Points Posted on 09 March 2020
In generally advance tax required if Tax Liability exceeding 10k then Assessee will pay advance tax...
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On 09 March 2020 at 14:19
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17269 Points Posted on 09 March 2020
What is your range of income and what type

Estimated tax liability as reduced by TDS amount, if in excess of 10000 then you have to pay advance tax in 4 instalments during FY as per prescribed percentage
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On 09 March 2020 at 15:09

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