Those with an estimated tax liability of over Rs 10,000 in a financial year are required to pay advance tax during the year.

Avoid Penalties! Missing today’s deadline for advance tax payment for the financial year 2024-25 could lead to penalties.

Advance tax is paid in the same financial year in which income is earned and is applicable to individuals and businesses with ...

The due date for paying the final installment of advance tax for the financial year 2024-25 is March 15, failing to pay may ...

Except for some senior citizens, advance tax must be paid by all assessees, including NRIs, if the tax payable is ₹10,000 or ...

If your tax liability is ₹10,000 or more, you must pay your last installment of advance tax by March 15, 2025. This is a ...

Failure to pay advance tax may entail interest implications u/s 234B and 234C of the IT Act," Dr Surana added. Penalty and interest if you fail to pay Taxpayers failing to pay their advance taxes ...

Income tax rules require taxpayers to submit advance tax if their overall tax liability for the financial year exceeds Rs ...

Advance tax is the income tax that individuals and businesses have to pay in installments throughout the financial year, ...