Last date of itr 31 july 2018, so what is four installment of advance tax means?

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..... Last date of itr 31 july 2018, so what is four installment of advance tax means?
Query (Issue) Started By: - Amit Bansal Dated:- 14-7-2018 Last Reply Date:- 15-7-2018 Income Tax
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..... Income Tax
According to the income tax department payment of advance, are according to four installments as below: Due Date Advance tax Payable On or before 15th June 15% of estimated Advance Tax .....

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..... On or before 15th September 45% of estimated Advance Tax On or before 15th December 75% of estimated Advance Tax On or before 15th March 100% of estimated Advance Tax The last date for filling ITR i .....

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..... s 31st July 2018, on that date we are supposed to pay 100% tax liability. My question is how both are possible? Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: As indicated by you it is the 100% esti .....

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..... mated Advance tax but not actual advance tax, You can assess the actual income after 31.03.2018 only. If you pay advance tax in excess you can claim refund.
Discussion Forum - Knowledge Sharing .....

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