Taxpayers with an income tax liability of more than Rs 10,000 need to pay advance tax otherwise they will have to pay penal interest and penalties. To pay this advance tax you need to follow a ...

Know the due dates, advance tax slab for income tax paid in advance which is paid in form of four installments for the concerned financial year.

According to the Income Tax circular, if the due date for advance tax payment falls on a public holiday, the next business day will be considered the deadline for payment. "In cases where the ...

A taxpayer is required to pay advance tax when the total tax liability exceeds ₹10,000 in a financial year. (iStock) Advance tax payment: The deadline to make your advance tax payment is fast ...