A Large Number of Assessees Do Not Require to Deposit Advance Tax !

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In the month of March , you will find many advertisement from Income Tax Department as well as the banks regarding the 15th March deadline for advance tax deposit .While the date is indeed the last of the advance tax installment , thisĀ  quick post is for reminding many tax payers – and I repeat – a large number of persons do not require to deposit advance tax at all under the Income Tax Act .They just need to deposit self assessment tax .

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