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Advance tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 December 2012 Hi,
What should be the total income for calculation of advance tax.Is that Income less expenses or only income ?
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
06 December 2012 It is taxable income. Means income less expenses and deductions.
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@VaibhavJ

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@VaibhavJ (Expert)
06 December 2012 Hey

It is net taxable income..

Thanks
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