2024 Estimated Tax Payment Voucher Pdf Download

2024 Estimated Tax Payment Voucher Pdf Download. For individuals and corporations, the advance tax is to be paid in four instalments throughout the financial year, which runs from april to march. What is the penalty for missing advance tax payment penal interest under sections 234b and 234c is applicable for default in payment of advance tax a penal interest of 1% per month or part thereof is levied in each section.

Section 234b is levied for delays in advance tax payment or shortfall in tax payment. For individuals and corporations, the advance tax is to be paid in four instalments throughout the financial year, which runs from april to march.