Income Tax is not deducted from the partners' remuneration at the time of payment. Instead a partner should pay advance tax quarterly using the income tax portal.
To calculate the tax payable please loop in the nilenso accounts team
- Go to https://onlineservices.tin.egov-nsdl.com/etaxnew/tdsnontds.jsp
- Select
CHALLAN NO./ITNS 280
- Select
Tax Applicable
as(0021) Income Tax
- Select
Type of Payment
as(100) Advance Tax
- Fill in your bank details and PAN
- Select
assessment year
as the next financial year - Proceed to pay tax