Cess

Tax queries 320 views 2 replies

Do we consider CESS also while computing Advance Tax liability?

Replies (2)

CESS is considered once while calculating the income tax liability, if it exceeds Rs10,000 than assessee must deposit advance tax @ 30%, 30%, 40% in case of non corparate assessee before 15th of the quarter end. No CESS will be charged again on that amount.

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