Advance tax payment

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 September 2013 Dear Sir/Madam,
I am a professional and my TDS is deducted from my fees @ 10%. My annual tax liability exceeds Rs. 10000/-. Please tell me should I pay advance Income tax also along with TDS? Waiting for your early reply as due date is 15th sept.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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13 September 2013 you can calculate your projected income tax for the year and deduct the TDS what ever deducted and compare the percentage of advance tax and balance you can pay as advance tax