Advance Tax

This query is : Resolved 

16 June 2017 sir if i paid Advance Tax on 16th June after last date of advance tax 15th june so i am liable for penalty or interest or both on the same ???? or it will be. consider my second installment ???

16 June 2017 You have to do so. But instead interest for three month is charged in respect of first installment.

16 June 2017 Sorry wrong answer posted


16 June 2017 Interest is charged for 3 month even if you paid it on 16 June. Pay 45% on second instalment.

17 June 2017 Thanks a lot Mam👍👍👍

17 June 2017 Welcome Pleasure is all mine.



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