Adv tax liability & applicability of sec-234 a bc

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 July 2012 to whom or which condition is fulfilled so assessee do not require to fulfill the adv tax liability at the different installment?
so section 234 B C WILL NOT ATTRACT

CS ANAND RAVADA

CS ANAND RAVADA (Expert)
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24 July 2012 the only condition is the assessee's total tax is exceeds 10,000/-, he has obliged to pay advance tax in the different instalments, if not done, he has to penalised by charging interest u/s 234B and C. In the case of Salaries people those were covered by entire TDS, it is ignored

Querist : Anonymous

Querist : Anonymous (Querist)

25 July 2012 if assessee declare the 8% or more than 8 & icome of the turnover or recepit,assessee does not attract s-234 b & c?

how much weightage of abovew sent?

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