alleryStart learning →Who pays advance tax in a single instalment by 15 March under 234C?
ACompanies subject to audit
BPresumptive taxpayers, 44AD/44ADA
CRegistered charitable trusts
DEmployees with salary only
Answer & Solution
Correct answer: B. Presumptive taxpayers, 44AD/44ADA
Clause (b) treats presumptive taxpayers under sections 44AD and 44ADA as owing only the March instalment.
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