20 December 2010
In case sole Prop.does not depsoit advance tax before 15th,Dec then how much interest he will have to pay in case he deposit tax on 20th,Dec?
20 December 2010
1 % on the shortfall amount for 3 months, as anything paid after 15th Dec, will be taken as payment after the expiry of 2nd installment.
CAclubindia
