Sir if senior citizen not having PGBP is exempt from Advance tax..... then even if the person is having intraday loss/gain then also senior citizen is exempt or Advance tax js payable?
advanced tax tds deduction Jo karanga 1st qtr payment kar na ka time PA pura sal ma kitna tds hoga bo assumption kar ka less Kara ya fir 15% tax payment Kar raha to total year ma Jo tds hoga uska 15%kar ka less Kara?
Good morning sir🙏🙏 Query regarding advance tax 15jun tak advance tax 15% nhi pay hua 15 sep tak advance tax 45% nhi pay hua 15 dec tak advance tax 75% pay nhi hua To kya 15 march se pahle mai 100% tax pay kr du to mujhe 234C ke according delay charges lagenge??? Sir kripya btaeye🙏🙏🙏
What rate of interest does the IT dept pay on the excess of advance tax paid / refund due on excess tax . Is it at the same rate they charge on tax deficit ?
Hello, The rate of interest on a refund is about 0.5% per month as per section 234D of the act. So, ITD charges a higher interest rate on late payments and gives interest at a lower rate on refunds. Hope this is useful.
Hello Kaustubh, You can put those amounts under income from other sources(after capital gains), but due to website alignment, it's appearing on the right-hand side. Hope this is useful.
Bhaiya please guide me, meri advance tax ki liability ban rahi thi joki maine 15 march ko sab pay kar diya, par 15 march k bad pata laga ki merko aur bhi tax dena hai ab kya karu? Intrest vagera kis hisab se calculate hoga and main baki ka tax kaise pay karu? Please help.
Sorry the excess tax amount will be refunded after filing of return, if you pay more than the required it will be adjusted, if paid less than required interest will be charged i guess.
Nicely explained 👍
Well made presentation.
What all the options of saving advance tax,pls let know. Thanks
Thank you❤
Meaningful.
GR8 HELP SIR. THANKS
Very good video 👏
Sir if senior citizen not having PGBP is exempt from Advance tax..... then even if the person is having intraday loss/gain then also senior citizen is exempt or Advance tax js payable?
new regime ke liye 50000 deduct kar ke daal sakenge?
I have income under all heads of income and I choose to file returns under Section 44AD. Am I liable to pay Advance Tax ?
Thanks for great information which is very well put.
Could you confirm if advance tax is to be paid for dividends received on company stocks?
Yes..
I think no as TDS is already deducted during payout.
Yes, absolutely Advance Tax is applicable on dividends received as well.
HELLO SIR FINANCIAL 224-25 KA APKI YEAR KA LABLITIES KITNI HONE CHAHIYE OR GROSS KYA HONA CHAHIYE
Is there any problem if I pay advance tax occasionally in small chunks like 10,20,30 etc whenever I wish ?
advanced tax tds deduction Jo karanga 1st qtr payment kar na ka time PA pura sal ma kitna tds hoga bo assumption kar ka less Kara ya fir 15% tax payment Kar raha to total year ma Jo tds hoga uska 15%kar ka less Kara?
Is it applicable to partnership firm and companies?
Yes
Gud information
Good morning sir🙏🙏
Query regarding advance tax
15jun tak advance tax 15% nhi pay hua
15 sep tak advance tax 45% nhi pay hua
15 dec tak advance tax 75% pay nhi hua
To kya 15 march se pahle mai 100% tax pay kr du to mujhe 234C ke according delay charges lagenge???
Sir kripya btaeye🙏🙏🙏
In the calculator, salary to be filled to entire FY or only that accumulated from FY start till the point when you are paying the advance tax?
Entire year
What rate of interest does the IT dept pay on the excess of advance tax paid / refund due on excess tax . Is it at the same rate they charge on tax deficit ?
Hello,
The rate of interest on a refund is about 0.5% per month as per section 234D of the act. So, ITD charges a higher interest rate on late payments and gives interest at a lower rate on refunds. Hope this is useful.
@@InvestYadnya many thanks for yr reply.
What about interest from savings / FD? I can't see any option for that on the Adv Tax Calc page
Hello Kaustubh,
You can put those amounts under income from other sources(after capital gains), but due to website alignment, it's appearing on the right-hand side.
Hope this is useful.
@@InvestYadnya thank you!
Bhaiya please guide me, meri advance tax ki liability ban rahi thi joki maine 15 march ko sab pay kar diya, par 15 march k bad pata laga ki merko aur bhi tax dena hai ab kya karu? Intrest vagera kis hisab se calculate hoga and main baki ka tax kaise pay karu? Please help.
What if we pay more advance tax then required?
You'll be refunded after filing of return
Sorry the excess tax amount will be refunded after filing of return, if you pay more than the required it will be adjusted, if paid less than required interest will be charged i guess.
I'm salaried employee my employer deduct TDS , I'm also doing share trading should I pay advance tax?
if not doing F&O no need to pay advance tax...FY profit loss statement is to considerd during return filing.
Nahi
you were saying advance tax payment using credit card, which I believe it wrong
Ye bhi bata do kinko 10000 se kam income tax banega