Payment of Advance Tax

Friends,
 
I have come across a very strange thing today and would like to bring this to your notice.  The Department of Revenue,Ministry of Finance, Governmnet of India has published a half page advertisement in almost all the daily newapapers today that the advance tax can be paid online by using a credit card or a debit card.  On accessing the site, it clearly says that the credit/debit payments are not yet available. 
 
Further, on enquiring on the phone number given in the advertisement, the department has clarified that the advertisement given is a wrong one and it has been printed wrongly.  Friends don't you all think that this is collosal loss of revenue made by the government.

The department doesn't even feel ashamed to say that they have made a mistake.  This again is an example of lack of accountability and harrassment to the public and we people are really helpless in not being able to do anything concrete.

Replies (7)

I agree Mr.Rajeev.

It is yet another mistake by the Department. 

I am sure they would have shed few millions on propagating this wrong info.

Real sad news!

i am working in pvt ltd construction company i want to know the vat calculatoion of output vat & what is the % of set off of input vat,

how calculate the liability?????

how calculate the liability of ongoing contract ?????

i am just want to calculate the service tax how & what is minimum amount for paid service tax

We are agree with u sir

But it maybe possible that department is planning to apply it very soon and by mistake advertisement came a bit earlier.

well...there are lot many things where deptt has spendthrift..this one however got highlighted....if u guys hav intereacted with deptt clerks, u can get almost anythn done, if the matter is a petty one...by just abiding by their own prescribed rules...hence a  lot revenue gets leakd there as well...

pl provide me advance tax calculation in excel format

What is the rate of Income Tax for ASST Year 2009-10

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