Advance tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 July 2014 TDs deducted in salary is rs 27000,and deductee only have salary and nominal interest income from fixed deposit,is there any liability in respect of advance tax when tds already deducted and deposited.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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17 July 2014 no int is applicable.........................................

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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17 July 2014 Salaried individuals are not required to pay any advance tax on their salary income since TDS is deducted from their salary by their employer.

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