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Advance Tax

New Form 16 To Also Help Taxpayers: This Is How?
Form 16 is a certificate issued by employers, giving details of an employee's TDS (tax deducted at source) paid to the government on his/her behalf. For the FY 2018-19, companies will be issuing the same by June 15. The form comes ...
New Form 16 To Also Help Taxpayers This Is How
How To Calculate Advance Tax?
The tax department has mandated the payment of Income tax in case the overall tax liability for the prescribed financial year exceeds Rs. 10000 as advance over 4 installment spread after an equal time gap to reduce the burden of a ...
Demonetisation Effect: ITR Filing Surges By 25%
Narendra Modi government led demonetization move which involved scrapping of high value notes of Rs. 500 and Rs. 1000 and also fuelled the introduction of Rs. 2000 bank notes is attributed as a major step causing the surge in e-filing for ...
Pay Advance Tax Rather Than Annual Returns: I-T Dept
In a bid to widen the tax base, the Income Tax department has asked traders and businessmen to pay advance tax rather than file annual returns at the end of the financial year so they can be added as new assesses ...
Pay Advance Tax Rather Than Annual Returns I T Dept
Advance Tax: 7 Must Know Points For All Taxpayers
Advance Tax is a part payment of tax liability by an individual or business entity that he has to pay before the end of the financial year. In the case of income tax, an individual pays the liability only once during ...
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