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As per section 208, every person whose estimated tax liability for the year is Rs. 10,000 or more, shall pay his tax in advance, in the form of “advance tax”. In this part you can gain knowledge on various provisions relating to payment of advance tax by a taxpayer. Person not liable to pay advance tax As discussed above, every person whose estimated tax liability for the year is Rs. 10,000 or more is liable to pay advance tax. However, a resident senior citizen (i.e., an individual of the age of 60 years or above during the relevant financial year) not having any income from business or profession is not liable to pay advance tax.
Sathiyan Gnanasekaran won a bronze medal in the Commonwealth Games 2022 by defeating Paul Drinkhall of England in which of the following events?
Book “Forks in the Road: My Days at RBI and Beyond” was authored by which of the following Ex-RBI governor?
The Valmiki Ambedkar Awas Yojana is aimed at providing:
The governor can dismiss the state Legislature member only after consultation with _________.
Who is the winner declared when the weightlifting competition is tie?
What is the total amount of financing approved by the World Bank to help India accelerate low-carbon energy development, including the latest round?
Bank of Baroda raised __________ through Basel-III Tier-II bonds with a 10-year maturity period at 7.75% and has received a total of 88 bids amounting...
Name of the longest lake in India:
The ______ is celebrated at Shilpgram in February every year.
Life is like a box of chocolate. You never know what you’re going to get.