i have to pay advanced tax in 15 june , 0r in 15 september to agar me june or september me advanced tax pay na krke direct 15 december me tax pay kru to kya meko interst ya fr latre fees dena hoga? agr yess to kyu or agr noo to kyu ni dena hoga?
harshit jha (1 Points)
07 January 2020i have to pay advanced tax in 15 june , 0r in 15 september to agar me june or september me advanced tax pay na krke direct 15 december me tax pay kru to kya meko interst ya fr latre fees dena hoga? agr yess to kyu or agr noo to kyu ni dena hoga?
Kumar Sushank
(General Manager - Finance)
(1040 Points)
Replied 03 February 2020
Yes, You have to pay 1% interest per month on Advance Tax (which is not paid by you) u/s 234C.
According to Advance Tax Rule, You need to pay as per below table.
15% of total Tax payable : till 15th June
30% of total Tax payable : till 15th September
30% of total Tax payable : till 15th December
25% of total Tax payable : till 15th March
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