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tax payment

Madhushri Das (28 Points)

25 September 2018

if the tax payable shown in returns is paid before 15/10 but aftr filing of returns is it allowable?

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6 Replies

CA Rashmi Gandhi (Chartered Accountant) (86275 Points)
Replied 25 September 2018

No as payment of tax is allowed only if paid before due date of filing of return....

1 Like

Madhushri Das (28 Points)
Replied 25 September 2018

yea but due date is 15/10 right?then y not if the returns is filed before 30 sept

CA Rashmi Gandhi (Chartered Accountant) (86275 Points)
Replied 25 September 2018

If you didn't file ur return same is allowed...

1 Like

rama krishnan (12234 Points)
Replied 25 September 2018

tax can be paid under these methods for a particular a. y
1. tds - tax deducted by payer for the payments made in f. y relevant to the a. y
2. advance tax paid by the assessee during the f. y relevant to the a. y
3. self assessment tax - tax paid from the end of the f. y. relevant to the a. y till the date of filing ITR
4. regular assessment tax - tax paid in response to the intimation sent or demand raised by the department

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