a company, suffered from losses for the last two years with aggregate not exceeding 5 lakhs, is in profits this year & tax liability amounts to more than 10,000 this year till the date. whether the company is liable to deposit advance tax by due date in this year.
or facility of carry forward and set off applicable on it.
08 August 2017
No, I am sorry. I can't explain it in detail. Please read through section 209, 209A and 210 of Income tax Act. Read out the sections and come back for specific query, if any
Querist :
Anonymous
Querist :
Anonymous
(Querist)
09 August 2017
ok thanks you sir for guiding me about the sections.