Free Legal Advice - taxation
Posted by: Alisha Behl
Posted on: 2018-09-04
????The taxes on income can be finalized only on the completion of the previous year. However, to enable a regular flow of funds and for easing the process of collection of taxes, Income-tax Act has provisions for payment of taxes in advance during the year of earning itself or before completion of previous year. It is also known as Pay as you earn concept
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