Income tax surcharge for firms is not applicabe for AY 2010-2011 onwards.whether surcharge paid on advance tax installemnt for AY 10-11 can be adjusted against final installment of advance tax for AY 10-11.
Regards.
Ca Sanjay Baheti
Menu
Surchrge Adjustment
Replies (3)
Yes. The excess of advance tax paid (surcharge) can be set off in the next installment.
Dear Sanjay Sir,
It can be done no doubt about it.................
Yes, it can adjust. No prob.
Recent Topics :
- Criteria to hire an article
- Guidence requested for a Finance Professional with
- Expert Opinion Required – Form 140 Gross Amo
- WRONG TAX DEMAND - formal responses , rectificatio
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
- TAN REGISTRATION ON E-FILLING SITE
- Form 10-IEA – Continuing Old Regime
- Income tax act 2026
Related Topics :
CAclubindia
