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Certification Course on Practical Filing of Income Tax Returns
whether section 234b and 234 c applicable for person who file their return on presumptive basis(ie 44ad)
rgds
kk
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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