Advance Tax Payment after Due Date
This query is : Resolved
16 March 2011
If I fail to pay advance tax by 15th March
Can I pay such payment before 31st March
as a advance tax with penalty or I should pay it as Self Assessment Tax
Can I pay such payment before 31st March
as a advance tax with penalty or I should pay it as Self Assessment Tax
16 March 2011
If you pay after 15th March it will not be treated as advance tax, it will be treated as self assessment tax. And you will have to pay interest u/s 234C @1% of shortfall amount.
So if you pay after 15th March pay it as self assessment tax and not as advance tax.
So if you pay after 15th March pay it as self assessment tax and not as advance tax.
Message likes :
1 times
16 March 2011
yes agreed to expert
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Tax on capital gains revoked us 54f
- Inventory of finished goods
- Filing of Form 10BB instead of Filing Form 10B
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Applicability of Ind As to associate of associate
- Sale of property furniture sale
- GST Registration Cancellation books of accounts asked by officer
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- HSN Details in IFF/GSTR-1 & in GSTR 9
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
