TDS and Advance Tax

 Will any  person is liable to pay advance tax if he received payment in which TDS is already deducted.?

Please answer

Replies (6)

If the TDS had been deducted equal or more than his taxable limit thereafter he have not required to deposit Advance
 

Thanks

hi,

can we discuss on transfer pricing

vinod

IF TOTAL TAX-TDS deducted>5000, then liability of advance tax will create

Hello

I am Shafique, Student of CPT(C.A). please send me a detail of the follwing.

1- what is mean of Advance TAX.

2- How to calculate Advance TAX.

3-Date of Payment Advance TAX.

Please Send above Questions Answer Earliest.

Thanking You

KHAN SHAFIQUE

Originally posted by :Mukesh Kumar Rawal
"

 Will any  person is liable to pay advance tax if he received payment in which TDS is already deducted.?
Please answer

SHAFIQUE

"


 

Hi..

If the Final Tax Liability after deduction of TDS is greater than Rs.5000, then the person is liable for Advance Tax.

HI Shafique,

For details on Advance Tax, Please look at section 234 A/B/C...i am giving u section number because you asked such a question which can't be answered in few lines. Plz don't take it otherwise.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details