Advance Tax Payment Due dates and Interest provisions for non payment

Taxpayers are required to pay income tax in advance if his or her tax liability during the financial year is expected to be Rs. 10, 000 or likely to exceed Rs. 10, 000 per year. Paying it in advance i.e. before the actual liability arises, is called advance tax. Which means, Assessee is required to … Read More » "Advance Tax Payment Due dates and Interest provisions for non payment"