Easy Office
LCI Learning

advance tax

This query is : Open 
Profile Image

Profile Image

(Querist)
13 September 2017 sir my turnover is less the 1 crore and profit is more then 8 % what is advance tax liablity and last date of payment for advance tax payment
Profile Image

RAJA P M

Profile Image

RAJA P M (Expert)
13 September 2017 You mean Income Tax...?!
Profile Image

Ashiwini Ballodia

Profile Image

Ashiwini Ballodia (Expert)
13 September 2017 If you are opting for section 44AD than you should pay the advance tax on on before 15/03/18 for AY 18-19 i.e FY 17-18
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA Rashmi Gandhi

Profile Image

CA Rashmi Gandhi (Expert)
13 September 2017 Your liability will be near about 250000/- & you have to pay tax upto 15 march.if you declaare profit under Sec 44 AD
Profile Image

vikas taparia

Profile Image

vikas taparia (Querist)
13 September 2017 i should choose 44ad and my total income approx 7 lac
Profile Image

CA Rashmi Gandhi

Profile Image

CA Rashmi Gandhi (Expert)
13 September 2017 Then tax liability is near abt 200000/- & you have to pay advance tax upto 15 March.
Profile Image

Ashiwini Ballodia

Profile Image

Ashiwini Ballodia (Expert)
14 September 2017 Now you don't have to do anything in mar 18 you shoul compute you income tax liability & pay the advance tax by 15 mar 18

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links