Chinta Jhansi (Chartered Accountant) (61 Points)
29 March 2019Hi..
Due to change in company by an employee, TDS has not been deducted for last two months.Now I would like pay the tax balance tax.
Whether Should I make it as Advance tax or can I pay as Self Assessment Tax for the AY 19-20.
Is there any interest for the delay in payment of advance tax as Balance tax short fall below 75% which is due on 15th Dec,2018.
Please help on this issue.
Chinta Jhansi
(Chartered Accountant)
(61 Points)
Replied 29 March 2019
can i pay it as self assessment tax instead of advance tax?
Sahil Jain (FAFD, DISA, CA)
(Practicing Chartered Accountant )
(2476 Points)
Replied 29 March 2019
Sahil Jain (FAFD, DISA, CA)
(Practicing Chartered Accountant )
(2476 Points)
Replied 29 March 2019
Chinta Jhansi
(Chartered Accountant)
(61 Points)
Replied 29 March 2019
Does it make any difference if I pay Self assessment tax? Is it allowed in e pay tax website If i proceed with Self assessment tax?
As a Salaried employee, Usually it's company's responsibility to deduct TDS, which it failed to deduct in this case, & there is no requirement of advance tax if all the TDS deductions were made. Hence I am paying only the balance tax and not a advance tax
Sahil Jain (FAFD, DISA, CA)
(Practicing Chartered Accountant )
(2476 Points)
Replied 29 March 2019
Priya Kashyap
(Student)
(7048 Points)
Replied 02 April 2019
CAclubindia
