Is Income Tax Paid[Advance Tax] is Considered as Expense

no , its capital expenditure, not revenue, so no deduction available on incometax payment. 

ADVANCE TAX IS NOT DEDUCTIABLE AS AN EXPENSE ITS COMES UNDER LOANS & ADVANCES AND IT WILL ADJUST AGAINT YOUR TAX LIABILITIES. 

Agree with U S Sharma and Pankaj Arora.

Advance tax is not an expense but a liablity towords tax payable

It is advance payment of tax therefore is an asset which will be adjusted when you calculate and adjust the final tax payable.

No, it is not dedectable because this is not a expenses.........this is charge on income.

Advance tax is treated as loan and advance(assets), it will be adjusted against provision for tax when assessment will be made by the ITO.

It is charge on income... It is not expenditure.. 

ADVANCE TAX IS NOT DEDUCTIABLE AS AN EXPENSE ITS COMES UNDER LOANS & ADVANCES AND

IT WILL ADJUST AGAINT YOUR TAX LIABILITIES  AT THE TIME OF FINALISATION OF BALANCE SHEET.

No.Advance Tax is not an expense and an asset as said by others. This will be adjusted against ur tax liability. This tax liability amount will be deducted from the profit in your books but you will not get any benefit as deduction while calculating profit as per Income Tax.

NO...

It will be treated as an asset and brought under Loans and advances head in the Asset side of Balance sheet.

And more over..

You can claim it as a set off against your tax liability.

I.e.Net Tax payable = Tax liability as computed less Advance Tax paid.