Taxpayers with an income tax liability of more than Rs 10,000 need to pay advance tax otherwise they will have to pay penal interest and penalties. To pay this advance tax you need to follow a ...

If you haven’t paid advance tax for FY25 yet, you can pay it at the time of filing your ITR. But for the next year, plan better by paying the due advance tax for FY26 by September 15 2025.

Advance Tax is the tax paid before the end of the financial year. At the start of the financial year, taxpayers estimate their annual income and pay taxes through multiple instalments if the tax on ...

A Delhi-based chartered accountant tweeted that his client incurred a loss of Rs 29.10 lakh due to glitches on the Income Tax Department portal, leading to a delayed advance tax payment. Despite ...