TMI BlogWhat is the procedure for computing advance tax?X X X X Extracts X X X X X X X X Extracts X X X X ..... scheme under section 44AD and section 44ADA is required to pay advance tax related to such business. However, advance tax can be paid during the financial year (immediately preceding to the assessment year) on or before March 15. The computation of advance tax can be done in the following manner: Income from salaries xxx Income from house property xxx Income from Capital Gains xxx ..... X X X X Extracts X X X X X X X X Extracts X X X X
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