• Advance tax as Sole proprietor

I am a sole proprietor since Nov 2016. I used to be salaried employee before that. I understand I have to pay advance tax. Am I exempt from paying advance tax for the first year of operation? Can I start paying advance tax from June 2017? Or should I pay advance tax for the current year by March 15, 2017. (I have not paid advance tax for previous quarters.) 
Asked 7 years ago in Income Tax

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