Advance Tax : Financial Year 2001-02 - Assessment Year 2002-2003
| Entity
|
|
| Company
|
| Other Assessee
|
| 15th June
|
|
| 15 %
|
| Nil
|
| 15th September
|
|
| 30 %
|
| 30 %
|
| 15th December
|
|
| 30 %
|
| 30 %
|
| 15th March
|
|
| Balance
|
| Balance
|
Interest under Income Tax Act:
| Section
|
|
| Interest Rates
|
| Amount on Interest
|
| 234A
|
|
| 1.25% every month or a part thereof from the date immediately following the due date specified U/S 139(1)
|
| Total tax U/S 143(1) minus advance tax & TDS
|
| 234B
|
|
| 1.25% every month or part of the month from 1st April of the Assessment Year to the date of determination of total income U/S 143(1)
|
| Amount of difference between assessed tax and advance tax paid
|
| 234C
|
|
| 1.25% per month for 3 months
|
| a)Amount of difference between:30% of tax due on the returned income and advance tax paid or payable on or before 15th Sep. b)
Amount of difference between:60% of tax due on the returned income and advance tax paid or payable on or before 15th Dec.b)
|
| 234C
|
|
| 1.25 %
|
| Amount of shortfall ie. difference between tax due of the returned income and davance tax paid or payable on or before 15th March
|
|
