Advance tax

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Gopal Joshi (Querist)
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11 September 2014 Hello frndz,

Please let me know that is surcharge and education cess applicable on advance tax also.
This is a LLP and taxable income after deduction is more than Rs. 1 cr.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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11 September 2014 Yes it is applicable.

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Gopal Joshi

Gopal Joshi (Querist)
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11 September 2014 Sir I'm paying advance tax for LLP then which column I should tick
(0020) Income Tax on Companies (Corporation Tax) OR
(0021) Income Tax (Other than companies)

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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11 September 2014 Income tax other than companies.

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Gopal Joshi

Gopal Joshi (Querist)
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12 September 2014 Good Morning Sir.

Sir one more question.

My HOD ask me to pay advance tax of Rs. 20 lakh without any calculation in this situation will surcharge and education cess be applicable?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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12 September 2014 you back work surcharge and education cess and pay total advance tax Rs. 20 lakhs.
Details required for filling up the challan.

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