Advance tax refers to the payment of income tax during the same year in which the income is earned, rather than paying it as a lump sum at the end of the financial year. It applies to individuals ...

A look into why taxpayers face interest charges under Sections 234B and 234C, exploring how Section 210, a provision for official reminders, is no longer used by the tax ...

Advance tax payment due date: The third instalment of advance tax of FY 2024-25 needs to be paid on or before December 15, 2024. However, since December 15, 2024 is a public holiday i.e. Sunday ...