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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Amendment to Section 234C: Changes in Advance Tax Installment Wording and Removal of Second Proviso Effective 1997.</h1> Section 234C of the Income-tax Act is amended by the Finance (No. 2) Act, 1996, effective from April 1, 1997. In sub-section (1), the amendment changes the wording in the first proviso from 'installment of advance tax which is immediately due or where no such installment is so due' to 'remaining installments of advance tax which are due or where no such installments are due.' Additionally, the second proviso is removed entirely.