How much tax to be paid as advance tax
Narasimha Narsi (81 Points)
02 May 2019Narasimha Narsi (81 Points)
02 May 2019
Umesh V Naig
(Statutory Analyst)
(452 Points)
Replied 02 May 2019
Advance tax is estimation of taxable income by which quarterly calculated and tax is paid
hence current financial year will only speak for this calculation and not earlier year
for example if your net profit growth is tremendous please consult your auditor for tax planning ,calculation and payment of advance tax quarter wise and plan for the cash flow.
Now it self keep separate FD for this when your cash flow is available so that the advance tax can be easily paid
RAJA P M
("Do the Right Thing...!!!")
(127229 Points)
Replied 02 May 2019
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