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Advance Tax

1 reply, 2 voices Last updated by Akash Rohada 5 months ago
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  • #8784

    karan mishra

    What should I do if the banks are closed on the last day for payment of advance tax?


    Akash Rohada

    Any taxes paid before or on 31st March will be treated as advance tax.
    If the last day for the payment of advance tax is the day on which the banks are closed, then one should pay the advance tax on the immediately following working day and no interest shall be charged on such payments of advance tax.

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