Advance Tax or Self Assessment Tax

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  1. AKD

    AKD Member

    I am a senior citizen having income only from pension and bank fixed deposits and nothing else.
    So, I am not required to pay any advance tax. But, if I want to pay a portion of my estimated tax liability for FY 2017-18 corresponding to AY 2018-19 before 31.03.2018, how should I define it in IT challan 280? Advance tax or self-assessment tax?
    Kindly inform me.
     
  2. Nikil Mohan

    Nikil Mohan Member

    You can please mention it as Advance tax since you are paying before 31.3.2018.
     
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