12 August 2008
i would like to know about what is the procedure to pay advance tax for the AY 2009-2010? when we have to pay the Fringe Benfit Tax amount ? at the end of the year or as like advance tax provisions? is there any new notification or circular on this issue?
From the AY 2008-09 onwards, FBT have to be paid in advance just like advance tax provisions. Just tell me ur email id . I will send you the relevant portion regarding this.
12 August 2008
The time limit is same as applicable in case of advance tax: on or before 15th June not less than 15 % of tax liability , on or before 15th september 45% of tax liability,on or before 15th December 75 % of tax liabiliyt & on or before 15th March 100 % of liability.
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