Advance tax installment timing changed: remaining installments treated as due and a proviso on due installments removed. The amendment revises subsection (1) by substituting the phrase addressing an immediately due installment with reference to remaining installments of ... Summary
Advance tax installment timing changed: remaining installments treated as due and a proviso on due installments removed.
The amendment revises subsection (1) by substituting the phrase addressing an immediately due installment with reference to remaining installments of advance tax which are due or where no such installments are due, and removes the second proviso, thereby changing how due advance tax installments and proviso-based exceptions are treated.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.