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Advance tax applicable for section 44ad???

Tax queries 2146 views 4 replies

whether section 234b and 234 c applicable for person who file their return on presumptive basis(ie 44ad)

 

 

rgds

kk

 

 

 

 

Replies (4)

Yes, The rule regarding advance tax states that one has to pay certain percentage of his tax liabilities on respective due dates if his total tax liabilities exceeds 10,000 rupees 

Hello...

 

 

PROVISION OF CHAPTER XVII- C (234B and 234C) IS NOT APPLICABLE ON 44AD.

 

NO LIABILITY FOR ADVANCE TAX .

 

THANK YOU

 

SHIKHAR

 

IF YOU HAVE RETURN FILE U/S  SECTION 44AD THEN THERE ARE NO ANY ADVANCE TAX LIABILITIES TO BE PAID. &  NOT APPLICABLE 234 B & 234C

THANKS

 

Not applicable


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