Advance Tax Reminder

As per the provisions of Income Tax Act, 1961, all the assessees for whom tax liability for the financial year is 2014-15 estimated to be Rs. 10,000/- or more are required to remit ADVANCE TAX. 

The last date for remittance of advance tax (III installment for Companies and II installment for others) is December 15, 2014. Failure to remit the advance tax within due date will attract PENAL INTEREST.