AI Drafter 
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter. 
TaxTMI 
TaxTMI 
Last date of itr 31 july 2018, so what is four installment of advance tax means?
X X X X Extracts X X X X
X X X X Extracts X X X X
....ast date of itr 31 july 2018, so what is four installment of advance tax means?<br> Query (Issue) Started By: - Amit Bansal Dated:- 14-7-2018 Last Reply Date:- 15-7-2018 Income Tax<br>Got 1 Reply<br>I....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ncome Tax<br>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 ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....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 is....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... 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% estim....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ated 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.<br> Discussion Forum - Knowledge Sharing ....