advance tax

Income Tax

Advance Tax isn’t applicable to senior citizen with no income from business/profession

As per section 208 every person whose estimated tax liability for the year exceeds Rs. 10,000, shall pay his tax in advance in the form of “advance tax”. Thus, any taxpayer whose estimated tax liability for...

Priya kejriwal - June 12, 2021

Income Tax

Advance Tax- “Pay as you Earn Scheme”

Benjamin Franklin once said, “In this world nothing is certain but death and taxes”. So Why is that, When is that, What is that, Who is that and How. Okay, here’s the answer to this- Advance Tax....