So I was unaware of advance taxation cause I was previously salaried so I didn't pay any advance tax for first 2 quarters. How much will be my fine for that! Presumption of Income (Till March) is around 16 lakhs how much should I pay before dec 15th.
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Advance tax for IT services
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Quick Summary
You need to pay 75% of tax as advance tax by on or before 15th December
75% of tax to be paid on or before 15 december or tell your employer to deduct TDS from your salary
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