On which month of a year a pvt. company should pay tax

You are required to pay ADVANCE TAX before end of march and Self-Assessment Tax before end of September.

Originally posted by : Ruben Balooni
	You are required to pay ADVANCE TAX before end of march and Self-Assessment Tax before end of September.

Thanks.

Suggest me - is it wise decision to carry the company incorporation process in this month, i.e. Nov 2012 OR should I wait and carry the process after March 2013.

One my friend is suggesting me to incorporate my new company only after March 2013. Is there going to be any differences if I do now or wait for march? Please suggest (as I already said I am new)

I dont think there will be any difference.

Incorporate Now : If you incorporate company now then you have to pay advance tax on 15th dec and 15th march and the balance tax,if any, is to be paid by end of september 2013

Incorporate after march : Lets say you incorporate company In April, then you need to pay Advance Tax on 15th June, 15th September, 15th December, 15th March and balance if any is to be paid by end of september 2014

So In my opinion it hardly makes any difference if you incorporate comany now or in next Financial Year.

- Ruben Balooni

Thanks. Your answer is really helpful

You are very welcome 

- Ruben Balooni