advance tax liability

[ad_1] The total tax liability for any taxpayer is arrived at after taking into account the income earned from various sources. As per section 208 of the Income Tax Act, every person whose estimated tax liability for the year is Rs. 10,000 or more, has to pay his tax in advance, in the form of …

Steps to calculate advance tax liability for paying the 1st installment by June 15 Read More »