Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is Advance Payment of Tax?

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 ?    28 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is Bank Stock Statement and which companies required bank stock statement, how can we make the bank stock statement

1824


What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?

2441


What are the various forms used for VAT?

3236


if a item sale on cash bill which is under vat sechdule c local sale tax is 5% so what is the rate of CST without C Form

1837


how to filing rt-1

2007


updated rates of sales tax & VAT in Maharashtra

2823


Rules for filling Income Tax return for a domestic manufacturing company.

2466


How calculate Rent income exemptions from taxable income under income tax act.isnn't 30% of total income???? plz explain with example?

2004


treatment of Service tax and TDS

2011


why is service tax set off is consider while calculating wct tds

1907


should pranav mukherjee has done things good, by giving burden to vodafone a huge tax liabilty.....it will not affect our fdi???

2027


due date for issue of C form, if c form is not issue what will be the consequences

3802


tds will be charged by hotel industry on what

1688


what is cenvat credit? plz tell service tax interest rate and watz it procedure...

2310


what will be my tax if i suddenly got 800000 to 1000000 in my bank by chq from sale of an old house?

3853