Advance tax

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Dear Sir/Madam,

I would like to know about advance tax.

Advance tax is payable on the Income earned in the F'Y or P'Y.

If F'y then as we all know the dates that is 15 june,Sep,Dec,Mar,  The tax to be calculated is on the income earned from 1/4/20.. to 15 june or 31 may.

 

Kindly help me with this .

Thanks

 

Replies (6)

Read the article at below link:-

 

/articles/short-note-on-concept-of-advance-tax-15859.asp#.UOEofFJK31U

The Advance tax is payable on the projected income of th F Y.

The tax is calculated on the basis of projected income for the full F Y from all the sources.

Then the requried % of installments are paid based on the total projected tax liability.

Thanks Bhaiya

 

Im clear with the topic now.

 

Dear Sir,

 

I would like to know the companies providing industrial training with in AP and also outside the AP...

how to apply for the same?

Could you suggest me for the same.

Thanks

 

Is there any campus selections which is been taken at icai at red hills....

 

 

Dear Sir,

Could you pls help me out with my previous questions

 


CCI Pro

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