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to whom advance tax is applicable ?

Here are some links that might be useful to you:

https://taxguru.in/income-tax/advance-tax-income-tax.html

https://taxguru.in/income-tax/advance-tax-income-tax.html
Advance Tax Under Income Tax – A Complete Guide – Tax Guru
Simple interest payable @1% per month for 3 months on the amount of short fall. (Short fall = 45% Tax actually payable – Tax actually paid) If the advance tax paid by the assessee on the current income on or before 15 th September is not less than 36% of the tax due on the returned income. On or before 15 th December.

https://cleartax.in/s/advance-tax

https://cleartax.in/s/advance-tax
Advance Tax Payment: Due Dates, Calculator, Applicability, Procedure …
Advance Tax Due Dates For FY 2024-25. FY 2024-25 for both individual and corporate taxpayers. Due Date. Advance Tax Payment Percentage. On or before 15th June. 15% of advance tax. On or before 15th September. 45% of advance tax (-) advance tax already paid. On or before 15th December.

https://tax2win.in / guide / advance-tax

https://tax2win.in / guide / advance-tax
What is Advance Tax? How to Calculate It? – Tax2win
13 mars 2024This is determined by calculating 75% of the total tax liability minus any tax paid before December 15th. Lastly, if the advance tax paid by March 15th is less than 100% of the total tax liability, a 1% monthly interest rate applies for one month. This calculation is based on 100% of the total tax liability minus any paid before March 15th.

https://learn.quicko.com/advance-tax

https://learn.quicko.com/advance-tax
Advance Tax: Rules, Calculations, and Due Dates – Quicko
22 nov. 2023Advance tax refers to pay tax as you earn. Know more about who is liable to pay, how to calculate and what are the due dates for Advance Tax. … If you are eligible to pay advanced tax but have not paid advance tax, the penalty will be applicable u/s 234B and 234C. Let us know if you have any further questions! riya_gupta says: 26/02/2021.

https://taxguru.in/income-tax/practical-guide-advance-tax-calculation-payment.html

https://taxguru.in/income-tax/practical-guide-advance-tax-calculation-payment.html
Practical Guide to Advance Tax Calculation & payment – Tax Guru
Practical Guide to Advance Tax Calculation & payment. This is an attempt to help the professionals especially the newly qualified, accountants and the general public in making an estimate of advance taxliability and its payment. Advance Tax Provisions under the Income Tax Act’ 1961. 1) Advance Tax is for all assessees whose …

https://www.turtlemint.com/tax/advance-tax

https://www.turtlemint.com/tax/advance-tax
Advance Tax Payment – How To Calculate, Eligibility &; Benefits
Choose the applicable challan number. For example, challan number 280 is to be selected for the individual taxpayers of advance Tax. Choose the type of payment as ‘Advance Tax’. Fill in the details including mode of payment, address, email id, phone number, bank name, assessment year, etc. Click on ‘Proceed’ and make the income …

https://taxguru.in/income-tax/advance-tax-income-tax-act-1961.html

https://taxguru.in/income-tax/advance-tax-income-tax-act-1961.html
Advance Tax under Income Tax Act, 1961 – Tax Guru
30 juin 2023Ans. As per section 208 of the income-tax Act, 1961, every person whose estimated tax liability for the year is INR 10,000 or more, after TDS (taxes deducted at source), shall pay advance tax. Therefore, credit of TDS is to be taken while calculating the advance tax liability.

https://www.fisdom.com/advance-tax

https://www.fisdom.com/advance-tax
Advance Tax – Definition, Calculation, Due Dates – Fisdom
14 mars 2023To pay advance tax online, follow these steps: Go to the Tax Information Network of the Income Tax Department of India website. Select ‘Proceed’ under the CHALLAN NO./ITNS 280 option. Enter the applicable tax amount, payment type, mode of payment, PAN, assessment year, and other details mentioned in the challan.

https://scripbox.com/tax/advance-tax

https://scripbox.com/tax/advance-tax
Meaning, Who should pay advance tax & When? – Scripbox
24 oct. 2023Salaried individuals, freelancers, and businesses. If the total liability in a financial year is more than INR 10,000, then the taxpayer has to pay advance tax. All taxpayers including freelancers, salaried, businesses are liable to pay advance tax. An exception has been given to senior citizens who are above the age of 60 years.

https://www.caclubindia.com/articles/understanding-advance-tax-everything-you-need-to-know-49270.asp

https://www.caclubindia.com/articles/understanding-advance-tax-everything-you-need-to-know-49270.asp
Advance Tax Payment – CAclubindia
14 mars 2024Applicability of Advance tax. Advance tax is applicable to all individuals, including salaried employees, freelancers, and business owners, whose tax liability for the financial year exceeds Rs. 10,000. However, senior citizens who do not have any income from business or profession are exempt from paying . Importance of
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