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Difference between advance tax and self assessment tax

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(Querist)
20 November 2013 what is difference between advance tax and self assessment tax?
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CA JATIN TALREJA

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CA JATIN TALREJA (Expert)
20 November 2013 Advance tax is the tax paid in the Fy preceeding the Ay on basis of self computation of income whereas self assessment tax is tax paid u/s 140A after the completion of financial year i.e. during the AY .

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