I have a doubt about payment of Advance Tax. Is it permissible by law to pay Advance tax by any person through Bank or any mode on behalf of obligated person such obligated person either may be Firm, Individual or company etc.......?
3 Replies
Prabeer
(B. COM (H) CA & CS Final)
(5484 Points)
Replied 20 December 2011
Yes. In case your bank doesnot have an online payment facility or is not an authorized bank then you can make electronic payment of tax from the account of any other person who has an account with the authorized bank having online facility. However, the challan for making such payment must clearly indicate your Permanent Account Number (PAN).
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CA Ketan Waghela
(Partner at Elite Educare)
(356 Points)
Replied 20 December 2011
Sekhar ji,
if a person do not have electronic payment facility then he can pay advance tax from other persons account, but the condition is PAN should be mentioned correctly.
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