what is treatment of Advance tax in case of companies or individual?
what is due date for advance tax to both?
when does it applicable to companies and individual?
pl help
Menu
Pl. Help
Replies (1)
advance tax is payable by a person when his tax liability after adjusting TDS/TCS/Relief u/s 90,90A, 91 exceeds rs 10000.
Due dates for companies : 15 june, 15 sept, 15 dec and 15 mar (4installments)
for individual : 15 sep ,, 15 dec and 15 mar (3 installments)
if advance is not paid or payment is defferd then int is payable u/s 234B, C.
for details u may refer sec 208, 209, 210 of Income tax Act, 1961
Recent Topics :
- TDS ON IMMOVABLE PROPERTY - PURCHASE FROM NRI &
- Query to Tax Garden tax consultant
- Subject: Urgent Assistance Required – TRACES
- Claiming business re-imbursements while filing GST
- E-waybill 14 Digit Numbring
- Non filing of MGT-14 for MD appointment
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
- Free Pre-Filing Tool to Match GSTR-3B vs GSTR-2B (
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
CAclubindia
