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Advance tax shall be payable during a financial year in every case where the amount of such tax payable by the assesse during that year, as computed in accordance with the provisions of Section 208 is ...
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 ...
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 ...
Paying income tax in installments throughout the year rather than paying it all at once at the end of the year is advance tax. The first instalment of advance tax payment for this fiscal year is ...
Deferred revenue liabilities must be carefully considered in conjunction with taxable asset sales, contributions to capital, and classification elections.
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 ...