1. Search Case laws by Section / Act / Rule — now available beyond Income Tax. GST and Other Laws Available
2. New: “In Favour Of” filter added in Case Laws.
Try both these filters in Case Laws →
TaxTMI Login
🚀 New: Section-Wise Filter ✕
Just a moment...
1. Search Case laws by Section / Act / Rule — now available beyond Income Tax. GST and Other Laws Available
2. New: “In Favour Of” filter added in Case Laws.
Try both these filters in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Acts & Rules
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of Press 'Enter' after typing page number.
<h1>Advance tax installment thresholds revised; shortfall attracts simple interest and modified exceptions under new amendment.</h1> The amendment to Section 234C, effective 1 June 2016, revises advance tax installment benchmarks and prescribes simple interest on shortfalls: non presumptive taxpayers face staged installment requirements with interest on periodic shortfalls subject to a moderating proviso for minimum early payments, while presumptive taxpayers under the presumptive taxation regime are liable to simple interest only for any final shortfall. The proviso is expanded to include income from business or profession arising for the first time and related cross reference adjustments.
TaxTMI 
TaxTMI 
