16 May 2011
hai sir, good morning.my name is kumar.i have complited MBA.now iam pursuing company secretary.executive programme.i have to write I and II modules.now i have one doubt. why shall we pay advance tax to income tax authorities?is there any obligation?and how much to pay?
16 May 2011
Yes as per sec 207 of income tax act a person has to pay advance tax if certain conditions are fullfilled.Computation of advance tax is given under sec 209.
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