liabilty of advance tax is arised when tax amount in one F.Y. in more than 10000
limit of 10000 is shown after deducting TDS
i want to know
whether the word is deductible or deducted in respect of advance tax
1 Replies
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 10 April 2012
The TDS amount is reduced from the total tax & advance tax on the balance tax amount is payable.
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