Easy Office
LCI Learning

Payment of tax on or before 31st march of financial year

This query is : Resolved 
Profile Image

Profile Image

(Querist)
29 March 2016 Suppose the company makes a payment of tax on or before 31st march of the relevant financial year. Whether this will be treated as advance tax for the relevant assessment year. Kindly advise us.
Profile Image

Ankur Singhal

Profile Image

Ankur Singhal (Expert)
29 March 2016 Dear it will be considered as self assessment t tax.
Advance tax is deposited before 15 march.
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
29 March 2016 .Yes. It is adv tax. Pl see proviso to 211(1).
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

Murtaza I Bhagat

Profile Image

Murtaza I Bhagat (Expert)
29 March 2016 Yes, Tax Paying before completion of Financial year is Advance Tax.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links