Employee has to declare other incomes like rent , interest etc through employer.
But in practice people submit housing loan interest certificate and show loss from house property in form 16 but they don't show rental income
| Originally posted by : Samantha J | ||
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Pay advance tax now |  |
What's the obsession with "pay advance tax now" in multiple topics?
There is no legal requirement to pay any advance tax. Even if one pays zero advance tax, it only results in an interest / penal charge, that's all.
I for one would rather pay slightly less tax than is due and then pay the interest rather than deal with a refund situation.
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