Advance tax individual

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166 Points Posted on 23 March 2023
advance tax paid by individual or personal it is an capital or expense
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On 23 March 2023 at 19:33 Report
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This discussion clarifies whether advance tax paid by individuals is considered a capital expense or a regular expense. It's confirmed that advance tax is not adjusted against capital. This distinction is important for understanding how advance tax impacts your overall financial obligations.

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banglore
1496 Points Posted on 23 March 2023
It is adjusted against capital
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On 23 March 2023 at 19:43
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Profession
28271 Points Posted on 24 March 2023
No it is not adjusted against capital.
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On 24 March 2023 at 08:41

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