Advance tax, as mandated by the Income Tax Act of India, requires taxpayers to pay their income tax in instalments throughout the financial year, based on their projected income. This system ...

The advance tax deadline is nearing and taxpayers with an income tax liability exceeding Rs 10,000 must pay advance tax by December 15. This "pay-as-you-earn" tax applies to individuals ...

Taxpayers with an income tax liability exceeding Rs 10,000 must pay advance tax by December 15 to avoid penal interest and penalties. This "pay-as-you-earn" tax applies to individuals, businesses ...

ITR Advance Tax: The deadline for the third instalment of advance tax is December 15, 2024. Taxpayers must pay the advance tax before the due date to avoid penalty. Advance tax is a part of income ...

Taxpayers must pay advance tax by December 15, 2024, but if it falls on a Sunday, they can pay on December 16 without penalties.

Many salaried individuals often make the mistake of assuming that advance tax payments are only for businesspersons or corporates. However, the fact is that any individual whose estimated tax ...

A recent ruling in favor of AstraZeneca Pharma India Ltd. underlines the value of advance pricing agreements with India tax ...

As of December 15, the third quarter advance tax payment stood at Rs 3.15 lakh crore compared with Rs 2.7 lakh crore a year ago, sources said. The growth in advance tax receipts have moderated ...

AAAR concluded that mobilization advances are taxable upon receipt since they directly relate to the supply of services under ...