How much tax to be paid as advance tax

In py 2017 - 18 turnover is 87crs and now 18-19 it is 101 cr Now on which rate I have to calculate advance tax on the 87 crs amount for the 18-19 year to pay advance tax
Replies (2)

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 

 

AT payable based on 101cr as per periods...

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