What is meaning of Advance Tax?
How we will calculate?
What is the %?
Which form available for this?
What is the penalty?

Answer Posted / darshit

i think advance tax is estimated tax pay in advance n if therere is any positive diffrence then government pay interest on that amount.

Is This Answer Correct ?    11 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

on earth moving road work which type of tax is applicable?

1526


define double entry bookkeeping

1933


My unit is a manufacturing unit and deals in Auto-parts and registered in Central Excise,Service Tax and Sales Tax. Now,we intend to import machines in the company for sale them in Local market.What procedures we have to follow for the aforesaid purpose?

1696


WCT charged on firm or on proprietor?

1262


What is the date of depositing entry tax and submission of return?

1992






calculation of Tds on subcontractor

1984


is there any specific percentage related to lower tax deduction under tds

1751


How much is the VAT in UAE

1008


How to calculate the TDS

1917


if the reparing & machinery maintanance for one party the whole year payment paid rs.75000/- crossed than tds is deducted from amount

1556


what is the difference between tds tax code and tds tax type in sap fi

1416


What doyou mean by assesment order? and for what purpose it will be passed?

1697


if threshhold limit is crossed then tds is deducted on which amount ? Aggregate or exceeding threshold limit?

1387


Hi, I need the clarification in Tax Rate in Karnataka for Frozen foods like Paratha, Briyani, Pasta's Please share the information for me

1789


what to in pro

1863