Advance Tax / Self-Assessment Tax
|What is Advance Tax / Self-Assessment Tax?
Tax-payers are required to pay advance tax on their income which they expect to earn during the current year. All persons including salaried employees and pensioners in whose case advance tax payable during the financial year is Rs. 10000 or more are required to pay advance tax.
The schedule for Advance Tax Installments & Due Dates is as below -
Due Dates for Payment Advance Tax Installment to be paid