Tax Express

Happy Diwali

Next Installment of ADVANCE TAX for the FY 2018-2019 is to be paid on or before 15TH DECEMBER, 2018.

1. Interest @1% is payable u/s 234B if 90% of the tax is not paid before the end of the financial year.
2. Interest @1% per month is payable u/s 234C if there is a deferment in Installments of Advance Tax.

So, Kindly ensure payment of advance tax to AVOID any late payment INTEREST.