Advance tax for the first quater

Sayed Nabil (307 Points)

15 June 2021

15 Jun last date ya 31 Jun tak payment kar sakta hai

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Sivaramaraju G (Learner) (2398 Points)
Replied 15 June 2021

Interest will be levied for the 15 days

Sayed Nabil (307 Points)
Replied 15 June 2021

How much

CMA Poornima Madhava (CMA) (13097 Points)
Replied 15 June 2021

15th June is the due date for payment of 1st installment of advance tax.

Sayed Nabil (307 Points)
Replied 15 June 2021

How much intereste liable on late payment of advance tax

CMA Poornima Madhava (CMA) (13097 Points)
Replied 15 June 2021

If 15% of total estimated tax liability is not paid by 15th June, then interest @ 1% pm for 3months (3%) is payable u/s 234C.

Sayed Nabil (307 Points)
Replied 15 June 2021

Thanks sir

manikanta juluri (student) (47 Points)
Replied 16 June 2021

Interest will be levied

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