In a given financial year, your income is taxable in three ways, namely- 1) Tax deducted at source, 2) Advance tax payments, and 3) Self-assessment taxes (before filing ITR).
In case of salaried individuals, TDS is deducted directly from income.
Taxpayers whose total tax-liability exceeds Rs. 10,000, have to pay advance-tax.
Further, for any previous year’s balance tax, one has to pay self-assessment tax.
Read on to know how you can pay your taxes through online and offline modes.
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Parinita Sharma
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