How is advance tax calculated and paid?
Submitted by navin on Wed, 10/22/2008 - 14:40
It is paid in installments. The amount payable is to be calculated as per the table below. The deposit of advance tax is made through challan by ticking the relevant column.
| Status | By 15th Jun | By 15th Sep | By 15th Dec | By 15th Mar |
| Corporate | 15% | 45% | 75% | 100% |
| Non Corporate | NIL | 30% | 60% | 100% |
