ADVANCE TAX
- taxme1
- Sep 12, 2022
- 1 min read
Advance tax is a form of income tax that is payable in case your tax liability exceeds INR 10,000 for a particular financial year. This tax must be paid by the taxpayers in the same year the income is received. For this purpose, advance tax is also known as 'pay-as-you-earn' scheme.
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