Estimated Tax Days 2024 Pdf. Income tax paid in advance during the fiscal year rather than at the end of the year is known as advance tax. For individuals and corporations, the advance tax is to be paid in four instalments throughout the financial year, which runs from april to march.

Income tax audit needs to be conducted by certain specified taxpayers by september 30, 2024. Income tax paid in advance during the fiscal year rather than at the end of the year is known as advance tax.