Missing the September 15 deadline for advance tax payment can cost you more than 15% additional tax payment

Advance tax: The 2nd quarter of advance tax payment needs to be made on or before September 15, 2024. Calculations show that if you miss paying any advance tax then it can cost you more than 15% in additional interest. Read here to know more about advance tax and penalty under section 234.

from Tax-Wealth-Economic Times https://ift.tt/uApyjxq