Advance Tax Calculation for Partnership Firm

Tax queries 5571 views 8 replies

Hi Im working for a partnership firm and want to pay advance tax for Dec'09 but I'm really confused with the calculation as per new amendments for A.Y 2010-2011


Can anyone help me in this with an  example ??

Please :(

Replies (8)

Yes u Calculate with Provision A.Y. 2010.11

What exactly is your confusion w.r.t. to the amendments?

Originally posted by :Amol Gopal Kabra
" What exactly is your confusion w.r.t. to the amendments? "

 

Regarding partners salary as per IT

3rd Quarter Advance Tax caliculation is very simple,  take actuals(Income & Expenditure as on November  and project December Income & Expenses then caclicuate  advance tax  on profit

Note: if any TDS receivble is during  year,  same amount reduce from advance tax

partners salary allowables for calculation of tax for financial year 2009-10 will as per old provision or new provision

what is the last date for payment of tax deducted at source for acct year 2009-10

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Plese send me the calucation of the Remuneration of the Partners in Partnership firm

PLS PROVIDE ME CALCULATOR FOR ADV. TAX OR TELL ME HOW TO CALCUTATE ADV. TAX

 


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