03/07/2017 Financial & Legal Services
Advance tax can be defined as the income tax which is to be paid in advance instead of paying a lump sum amount when the year ends.
Advance tax is the tax that is payable on the total income of the year that is earned from different sources including salary, business, profession..
Under section 234B of Income Tax Act is levied upon those taxpayers who default in the payment of Advance Tax.Interest is calculated @ 1% on Assessed ...
Interest for Deferred Payment of Advance Tax)-Under section 234C you must be paid an advance tax on or before the due date..
Professional Tax is imposed by the various State Governments of India on salaried individuals, working in government or non-government..