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Regarding advance tax

Others 332 views 5 replies

Ravi S Mylar

9 Points Posted on 22 October 2019

hi all can we pay advance tax on monthly basis by 15th every month

Replies (5)

Bharat Bohra

306 Points Posted on 22 October 2019

You can but why you want to ??
i mean their is no benefit as such paying every month instead one shot at the time of Due date
unnecessary blocking money doesn't make any sense..

Ravi S Mylar

9 Points Posted on 22 October 2019

Example for Dec 15 my client must pay 250000 advance tax 75000 this month next month 75000 and 100000 in Dec month because to void burden

Kapadia Pravin

17264 Points Posted on 23 October 2019

You can pay 75+75+100
But won't get any advantage
You have to manage your finance prudently.

sabyasachi mukherjee

Profession Business

28207 Points Posted on 24 October 2019

ADVANCE TAX IS GENERALLY PAID IN THE FOLLOWING WAYS:

upto 15% adv tax on or before june 15th
on or before sept 15th of the previous year
on or before dec 15 th of prev yr.
on or before 15th mar of prev yr.

Kapadia Pravin

17264 Points Posted on 24 October 2019

Originally posted by : sabyasachi mukherjee
	ADVANCE TAX IS GENERALLY PAID IN THE FOLLOWING WAYS:upto 15% adv tax on or before june 15thon or before sept 15th of the previous yearon or before dec 15 th of prev yr.on or before 15th mar of prev yr.