23 June 2014
I'M A BUSINESSMAN.IN PREVIOUS YEAR I INCURRED LOSS SAY RS. 500000 AND IN CURRENT YEAR I EARN PROFIT OF RS.1500000 THEN TELL WHAT IS TREATMENT FOR ADVANCE TAX
23 June 2014
in last year if you file return on or before the due date us 139 (1) then you can set off the loss of previous year agst current year income. after that you calculate the income and deposit the advance tax.
23 June 2014
in last year if you file return on or before the due date us 139 (1) then you can set off the loss of previous year agst current year income. after that you calculate the income and deposit the advance tax.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
23 June 2014
SUPPOSE,IN CURRENT YEAR I ALSO INCURRED LOSS SAY RS. 500000 THEN MY QUESTION IS CAN GOVT. GIVE BENEFIT OF INTEREST DUE TO NON PAYMENT OF ADVANCE TAX