Answer Posted / sanmilan
All persons including salaried employees and pensioners, in
whose case tax payable during a Financial Year is Rs.
10,000/= or more after adjusting all deductions, rebates &
TDS are required to pay Advance Tax. The rates for payment
of Advance Tax are announced in the Finance Act every year.
For Companies
By 15th June - 15% of Advance Tax
By 15th September- 30%of Advance Tax
By 15th December- 30% of Advance Tax
By 15th March- 25%of Advance Tax
By 31st March - Tax on Capital Gains or Casual Incomes arising
after 15Th March, if any.
For Non-Companies
By 15th June - NIL
By 15th September- 30%of Advance Tax
By 15th December- 30% of Advance Tax
By 15th March- 40%of Advance Tax
By 31st March - Tax on Capital Gains or Casual Incomes arising
after 15Th March, if any.
| Is This Answer Correct ? | 10 Yes | 3 No |
Post New Answer View All Answers
What is the procedure to intimate Change Name of Business in maharashtra Vat Act, which form to be fill.
Can a person fill a nri in an income tax form if he has been out of india for six months though he is indian citizen?
what is the scope of business taxation in private company?
What is difference between Contract and legel and legel and profession service???? I had face this question in interview
How should the personal assets of a salaried employee be shown in his books of accounts ?
Is sales against H Form Either in Punjab or out of Punjab treated as Zero rated sales in vat 15 form in Window showing as Break up of Zero rated sales: Direct export out of country; Sales against H Forms Or it is treated as seprate
how to generate H-form and procedure for generate?
sir, can you give me clarification briefly how to capitalized and which one capitalized
can we do manual tds return file or r-tds is complusry? if we can do manual tds return file, where i have to go for return file. like we go to income tax department for Income tax return file in manula tds case.
If forth alphabet is f then what is TDS percentage ?
Are woollen Blankets (Rugs) taxable under CST ? Can unregistered party sell it.
Where can i get IFAM Banglore details, i came to know that there they are giving Accounts & Taxation Training on Real Projects, and they are providing Job after training. I got one number that is not reachable i.e 9591777526. Please give me if any one knows this Institute details.
I had filed e-filling IT Return for A.Y.2011-12 before 1yr but yet I have not get Refund & not seen refund status at on income tax site now I filed e-return for A.Y. 2012-13 now what i do for refund A.Y. 2011-12?
ie it possible to charge WHT and VAT on one trancaction? if yes,kindly explain the dynamics/working of both taxes
WHAT IS COMPOSITION RATE IN Andhara pradesh SALES TAX?
