means of this lines

This query is : Resolved

Guest

Guest (Querist)

18 October 2010 suppose your Income tax is Rs. 10000 for the year

you need to pay

Rs. 3000 - 15th Sep
Rs.3000- 15th Dec
Rs. 4000 - 15th March
sir plz tell me means of these line means
if i m salary class person than this rule also applicable for my tax .

CA. Chikkerur C R

CA. Chikkerur C R (Expert)
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18 October 2010 Dear Rajeev

I believe your question is on Advance Tax

For salaried class - they are bind by TDS rules, NO need to worry on advance tax. If your tax payble is more than TDS at the end of year. You are required to do Self Assessment & pay tax

Guest

Guest (Querist)

19 October 2010 plz sir tell me that means of your word that if i m a salaried class person than i will nat pay adv tax.it is applicable on firm & co.

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CA. Chikkerur C R

CA. Chikkerur C R (Expert)
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19 October 2010 Its applicable whether you are working for a company, firm or for any individual. Your position will not change as an employee