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As 31st March 2024 is coming closer, the heartbeat of every individual and businessman is fast that all the tax compliances should be completed before 31st March so that before going into the next financial year, we can ensure that we have completed all our tax compliances.

Keeping this in mind, our team has drafted this article in which we have told which tasks need to be done before 31st March so that there is no problem in the business in future.

So, do this work on or before 31st March, otherwise you may suffer a huge loss.

1. Advance Tax- Income Tax-15th March 2024

Every tax payer who is liable to pay tax, if his tax liability is more than ₹ 10000 in the financial year, then he will have to pay tax in advance under section 207-208 of Income Tax Act. This advance tax will be paid in four installments.

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Author Bio

Adv Rajbir Singh is a Member of Bar Council of Punjab & Haryana from 2018 and enrolled as a member of “DTBA, Faridabad” Parivar from 2022. He is also a “Trademark Attorney”. He has also qualified MBA in 2011 and LLB in 2016. He is also regular speaker in GST study circle meetings in "Di View Full Profile

My Published Posts

Outcome on 53rd GST Council Meeting Live Webinar on Section 43B(h) of Income Tax Act, 1961- MSE Payment The Major Changes of Budget 2024: A Comprehensive Overview Limitation Period under GST & Compliance Calendar November 2023 Webinar on Practical aspect of Annual Return (GSTR-9) under GST View More Published Posts

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