TOTAL TAX ON SALARY FOR FY 2015-16 RS 55000/- FROM APRIL TO JANUARY
PAID FIRST TIME IN MARCH ADVANCE TAX NOT PAID FOR THIS WHAT SHOULD BE
INTEREST INCLUDED IN TAX AMOUNT FOR NOT PAYING ADVANCE TAX
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Tax on salary
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Tax on salary is primarily the liabillity of employer. If total tax is more than Rs. 10000/- in F.Y. 2015-16, advance tax should be deposited in time otherwise interest u/s 234B and 234C may be attracted.
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