Mr. Sameer, aged 52 years, provides you the following information and requests you to determine his advance tax liability with due dates for the…

Determination of Advance Tax Liability of Mr. Sameer Particulars ₹ Estimated tax liability for the financial year 2023-24 80,000 Less: Tax deducted at source 12,000 Tax payable 68,000 Due Date of installment Amount payable ₹ On or before 15 th June, 2023 Not less than 15% of advance tax liability 10,200 On or before 15 th September, 2023 Not less than 45% of advance tax liability less amount paid in earlier installment 20,400 (₹ 30,600, being 45% of 68,000 -10,200) On or before 15 th December, 2023 Not less than 75% of advance tax liability less amount paid in earlier installment(s) 20,400 (₹ 51,000, being 75% of 68,000 -30,600) On or before 15 th March, 2024 Whole of the advance tax liability less amount paid in earlier installment(s) 17,000 (₹ 68,000, being 100% of 68,000 -51,000)