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Houston Ticket Brokers Blog

Sometimes, buying and selling online can be scary. We at Houston Ticket Brokers want to make sure that everyone feels comfortable in a transaction. Our blog will include featured articles that offering advice on safety and protection practices, things to do around Houston, and the best events in town!

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what is advance tax

Advance Tax

Advance Tax, within the scope of Income Tax, refers to tax which is paid in advance i.e. before the financial year ends. It is a mechanism introduced by the Income Tax Department, where the assessee, rather than paying a lumpsum tax at the time of filing ITR, pays tax in advance in few smaller instalments.

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