can we pay advance tax Now for the financial Year 2019/20 (AY 20/21) if possible please inform regarding advance tax time limits for the above mentioned FY
As per the Ordinance passed by the GOI, the dues falling between Mar 20, 2020 and June 29, 2020 have been extended upto June 30, 2020 or such other date as may be notified...
As regards, payment of taxes (viz. TDS, TCS, Advance tax, etc) is concerned, although the due dates have been extended, the same shall be subject to interest at a reduced rate...
So any payment of taxes not done as per original due dates but before the extended due date as per the ordinance shall be subject to interest payment