i could not pay ADVANCE tax payable by 15 March 2020 on income of Fy 2019-20 ,
Can I pay now with out any penal interest by 15 th July 2010 or 31 st JULY 2010.
Please advise .
2 Replies
Nikita Malkan
(CA - JOB)
(37 Points)
Replied 02 July 2020
You cannot pay advance tax now for FY 2019-20. However, you can pay Self assessment tax now for FY 2019-20.
P.s. NSDL website does not allow to pay advance tax for the financial year which is over.
P.s. NSDL website does not allow to pay advance tax for the financial year which is over.
sabyasachi mukherjee
(27730 Points)
Replied 02 July 2020
Advance tax means paying tax before the end of financial year.
Here advance tax is not paid.
pay self assessment tax and file returns.
Here advance tax is not paid.
pay self assessment tax and file returns.
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