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    5. What is the minimum percentage of Advance tax to be paid till 15 dec?

    Question

    What is the minimum percentage of Advance tax to be

    paid till 15 dec?
    A 15% Correct Answer Incorrect Answer
    B 25% Correct Answer Incorrect Answer
    C 45% Correct Answer Incorrect Answer
    D 50% Correct Answer Incorrect Answer
    E 75% Correct Answer Incorrect Answer

    Solution

    His third installment of advance tax will fall due on 15th December. By 15th December, he should pay 75% of his liability in advance.

    Practice Next
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