advance income tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 September 2010 some one please tell me that wt is the step by step procedure for E-payment of advance income tax .

09 September 2010 Make an estimate of your annual income. Then estimate the total tax liability.

Deduct the estimate of total TDS deducted by your party on your behalf.

From the figure arrived above, calculate the amount to be paid as per the % to be paid as per the instalment (1st / 2nd / 3rd /4th)

Then deduct the already paid advance tax with the earlier instalment.

Pay the rest amount using challan 280 as per the below link.

for e-payment follow the instructions :

http://www.investmentyogi.com/taxes/procedure-for-e-payment-of-tax.aspx






09 September 2010 agree




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