Advance tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 December 2011 Dear Sir please help me on advance tax calculation in case of company

Total Tax assumed for the year 360,000
TDS already deducted of Rs. 270,000/-

How much advance tax to be deposited by 15/12/2011 if no advance tax has been deposited on 15/09/2011

Thanks

anurag

anurag (Expert)
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14 December 2011 total advance tax to be deducted for the year is inr 90,000.
75% of this to be deposited upto 15 dec.
assuming that company alredy deposited 15% on 15 jun, now remaing 60% to be deposited on 25dec.
i.e. inr 54,000.

Guest

Guest (Expert)

14 December 2011 Agree with Mr. Anurag.

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