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Merger with Sony gets delayed as Zee seeks more time, listing likely in Mar-Apr

The cut-off date for the merger is December 22, 2023, two years from when the merger agreement between the two media companies was signed on December 21,2021. However, Zee has now requested Sony to extend the timeline in order to make the merger scheme effective, according to a Bombay Stock Exchange (BSE) filing.
Punit Goenka Culver Max Piyush Agrawal Karan Taurani Bombay Stock Exchange Exchange Board Of India Sebi

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What are the incomes on which advance tax can be paid in the next quarter without penal interest

Income tax rules say that if an individuals estimated tax liability for the financial year after subtracting tax deducted at source (TDS) is over Rs 10,000 then advance tax has to be paid. If this is not done then penalty under section 234C is levied. However there exists certain incomes where this penalty is not applicable.
Deepashree Shetty Anand Bathiya Bombay Chartered Accountant Society Tax Regulatory Services Income Tax Act Vice President

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