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If you have not yet paid advance tax then be alert, today is the last chance, follow these steps and pay the tax immediately
Advance Tax: Every taxpayer in the country should pay tax on time. This is their duty. All taxpayers have to pay advance tax by 15 December 2023. Today is the last chance to pay advance tax. If you have not paid advance tax yet, then you can pay advance tax online by following these steps?
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“If you have not yet paid advance tax then be alert, today is the last chance, follow these steps and pay the tax immediately”
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en.sangritimes.com
15 Dec 2023
The Income Tax Department has fixed December 15, 2023, as the last date for paying advance tax. This means that taxpayers who have not yet paid advance tax have only today's chance. If any taxpayers do not pay taxes on time then they may have to face problems in the future. Apart from this, they may have to pay fines and interest.
Under Section 208 of the Income Tax Act 1961, any taxpayer whose estimated tax liability after tax deduction is more than Rs 10,000. They must pay advance tax. If taxpayers do not pay this tax then interest will have to be paid as a penalty. This interest is charged at the rate of 1 percent per month or a portion of the tax.
Senior citizens who have no income. They have been exempted from advance tax.
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