Engineer Pay Advance Tax Yes, Engineer can pay advance tax, like any other professionals or individuals, may need to pay Advance Tax depending on their income and tax liability. Advance Tax is a system of paying income tax in installments throughout the financial year, rather than paying it all at once during the end… Read More »
Fashion Designer Need to Pay Advance Tax Yes, a fashion designer may need to pay Advance Tax depending on their income and tax liability. Advance Tax is a system in which taxpayers are required to pay their taxes in instalments throughout the financial year, rather than waiting until the end of the year. It… Read More »
Artist Need to Pay Advance Tax Yes, artists may need to pay Advance Tax depending on their projected income for the financial year. Advance Tax is a system in which taxpayers are required to pay their taxes in installments during the year, rather than in a lump sum at the end. This is especially applicable… Read More »
Chemists Need to Pay Advance Tax Whether a chemistS needs to pay advance tax depends on the following factors: The chemist’s total tax liability for the financial year Whether the chemist is a senior citizen Whether the chemist has opted for the presumptive taxation scheme If the chemist’s total tax liability for the financial… Read More »
Advance Tax for Lawyer Advance Tax for Lawyer Yes, a lawyer may need to pay Advance Tax depending on their income and tax liability. It is a system in which individuals required to pay their taxes in installments during the financial year itself, rather than making a lump-sum payment at the end of the… Read More »
Architects Need to Pay Advance Tax Architects Need to Pay Advance Tax Yes, architects in India are required to pay Advance Tax if their estimated tax liability for the financial year exceeds Rs 10,000. Advance Tax is a system through which taxpayers are required to pay their income tax liabilities in installments during the financial… Read More »
What is advance tax Advance tax is the taxes paid in advance on the estimated income of the current financial year. It is a way of paying tax on an ongoing basis rather than waiting until the end of the year. In India, individuals and businesses require to pay advance taxes if their tax liability… Read More »