Sunday 9 September 2012

Pay Advance Tax on or before 15th September and avoid Interest Penalty


Assessee who are in business and whose Business Income comes over taxable limit having tax-liability exceed Rs. 10000/- such assessee is liable for Advance Tax. The 2nd Installment of Advance Tax is due on or before 15th September of each Year. I request to such all Tax-payee (Individual Assessee who carrying a business) to pay their 1st Investment of Advance Tax and safe from Penalty Dues or Interest Amount. The 1st Installment of Advance Tax is 30% of Tax liability amount on the estimated Income from Business for the Financial Year 2012-13.

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