Advance tax

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09 March 2016 how to calculate advance tax

09 March 2016 watch this link for more details

http://taxguru.in/income-tax/advance-tax-provisions-in-brief-download-advance-tax-payment-challan-and-utility-to-pay-income-tax-online.html

10 March 2016 Advance tax is paid on the Total Income of the Assessee that is chargeable to tax in an Assessment Year.Tax liability Exceeds Rs.10000/- or more, Advance tax not applicable for Tax filed under 44AD.


NON-CORPORATE ASSASSEE
On or before 15 September – not less than 30% of tax payable for the year
On or before 15 December – not less than 60% of tax payable for the year
On or before 15 March – 100% tax Payable for the year

CORPORATE ASSASSEE
On or before 15 June – not less than15% of tax payable for the year
On or before 15 September – not less than 45% of tax payable for the year
On or before 15 December – not less than 75% of tax payable for the year
On or before 15 March – not less than 100% of tax payable for the year





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