Just wanted to confirm that Advance tax provisions continue to remain applicable in same way in case of salaried employees although TDS is being deducted by the employer?
If you your TDS is less amount of Advance Tax that should have beem deposited, then you should deposit that Advance Tax as per provisions?
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Advance tax in case of Salary!
Replies (3)
Yes, provided the differencial amount is Rs. 10,000/- or more
Yes. TDS is less than advance tax ll be pay the excess amount as per advance tax rule/calculation.
if your total tax payable exceeding amount rupees 10000 you are liable to pay advance tax, advance tax will be pay after deducting TDS it's mean TDS is also part of Advanced tax.
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