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Advance Tax Calculation Formula (F.Y. 2018-19 & 2019-20)

 
Advance Tax Calculation (F.Y. 2018-19 & 2019-20)
Advance Tax Calculation (F.Y. 2018-19 & 2019-20)
  1. The above formulas are to be used only where the total taxable income does not include short term capital gains referred to in section 111A and long term capital gains.

  2. This tax formula is based on marginal relief.

  3. The formula does not take into account the rebate available under section 87A.

CONTENT :  Advance Tax and Refund

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