For example :
If Income Tax liability for FY 2018-2019 is Rs. 30000/-.
If we pay pay whole Tax (i.e Rs. 30000/-) before June 2018. They do we get any kind of discount later on after filing the returns?
Menu
Do we get any benefit of paying advance tax?
Replies (2)
The only benefit given by government is that you can pay advance tax in four installment.If you voluntarily pay advance tax in one installment, No any discount or benefit you will get from department.
Sunil ji. Thank you for sharing the information.
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
