Assessee carrying a business and whose Business Income comes over taxable limit and tax-liability exceed Rs. 10000/- such assessee is liable for Advance Tax. The 1st Installment of Advance Tax is due on or before 15th June of each Year. I request to such all Tax-payee (Individual Assessee who carrying a business) to pay their 1st Investment of Advance Tax and safe from Penalty Dues or Interest Amount. The 1st Installment of Advance Tax is 15% of Tax liability amount on the estimated Income from Business for the Financial Year 2012-13.
What is Income Tax?
Income Tax is calculated on Actual income.
Income Tax is deposited in Assessment Year.
Income Tax is deposited as final tax.
What is Advance Tax?
Advance Tax is calculated on estimated income.
Advance Tax is deposited in Financial Year.
Advance Tax is deposited in installments in percentage.
Know more about Advance Tax Click Here.
Calculate your Advance Tax Click Here.
Submit your Advance Tax Challan Click Here
Calculate your Advance Tax Click Here.
Submit your Advance Tax Challan Click Here
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