ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!
  • google app store apple app store
    • тЬЦ

      Question

      U/s 208, it is obligatory for an assessee to pay advance

      tax where the tax payable is
      A 10,000 or more Correct Answer Incorrect Answer
      B 20,000 or more Correct Answer Incorrect Answer
      C 5,000 or more Correct Answer Incorrect Answer
      D 8,000 or more Correct Answer Incorrect Answer

      Solution

      As per Section 208 of the Income Tax Act, 1961, an assessee is obligatory to pay advance tax if the estimated tax liability for the year is Rs. 10,000 or more.

      Practice Next
      More Accounts Questions

      Relevant for Exams:

      ask-question