It is the income tax paid in the current financial year regarding income to be assessed in subsequent assessment year immediately succeeding the current financial year.
For financial year 206-17
Return is to be filed by 31 st July 2017 / 30 h September 2017(for audit cases)
Income tax paid from 1 st April 2016 to 31 st March 2017 is called advance tax.
What is Self Assessment Tax?
TYPES OF INCOME TAX
How to pay Income Tax/Advance tax?
Same challan 280 is applicable for all three
It can be used for
2, Self Assessment Tax
3, Tax on Regular assessment.