According to the income tax department payment of advance, are according to four installments as below:
Due Date | Advance tax Payable |
On or before 15th June | 15% of estimated Advance Tax |
On or before 15th September | 45% of estimated Advance Tax |
On or before 15th December | 75% of estimated Advance Tax |
On or before 15th March | 100% of estimated Advance Tax |
The last date for filling ITR is 31st July 2018, on that date we are supposed to pay 100% tax liability.
My question is how both are possible?