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Calculating Advance tax

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back office asst
254 Points Posted on 05 October 2023
Dear Sir,
With reference to the above please advise how to calculate to pay advance tax, as last fiscal I have paid advance tax but it's charges interest I don't understand
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On 05 October 2023 at 18:12 Report
Replies (5)
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"Do the Right Thing...!!!"
128147 Points Posted on 05 October 2023
Yes, It's very difficult to escape from interest...

But, Please check out the details through the link.

You can get some clarity...

https://cleartax.in/s/advance-tax
463 Reply
On 05 October 2023 at 21:31
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Profession Business
28196 Points Posted on 05 October 2023
Sec 234
44 Reply
On 05 October 2023 at 23:16
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CFO- at NHTF
58280 Points Posted on 06 October 2023
The interest is due to missing deadlines of advance tax and % of advance tax
59 Reply
On 06 October 2023 at 14:11
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ACCOUNTS MANAGER
2213 Points Posted on 06 October 2023

You may deposit 15% on or before 15th June, 45% on or before 15th Sep., 75% till 15th Dec. & the remaining on 100% on 15th March .

4 Reply
On 06 October 2023 at 14:20
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Profession Business
28196 Points Posted on 09 October 2023
You cannot deposit tax like that.
44 Reply
On 09 October 2023 at 16:47


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