i am confusing with self assessment tax and advance tax .please clarify me with an EXAMPLE
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Doubt regarding self assessment tax
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REFER TO ATTACHED SHEETS.
if ur Tax Liability is more than 10 k for the Year u r Liable to Pay Advance Tax on the basis of self assesment, self assesment tax is nothing but expected tax liability for the year on that Basis we pay advance tax........
Assessed Tax - TDS = Advance Tax
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