Advance tax orders: Assessing Officer can require payment based on specified sum; taxpayers may adjust instalments by estimate. Assessing Officers may require an assessee already regularly assessed to pay advance tax by an order in writing on a specified sum (the higher of latest assessed total income or subsequently returned income), with instalments and due dates per section 408 and a follow-up notice of demand under section 289; the order may be amended after later returns or assessments to require advance tax on the later declared or computed income, and taxpayers may intimate lower estimates to pay proportionate instalments or pay higher estimated amounts by the last instalment.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Advance tax orders: Assessing Officer can require payment based on specified sum; taxpayers may adjust instalments by estimate.
Assessing Officers may require an assessee already regularly assessed to pay advance tax by an order in writing on a specified sum (the higher of latest assessed total income or subsequently returned income), with instalments and due dates per section 408 and a follow-up notice of demand under section 289; the order may be amended after later returns or assessments to require advance tax on the later declared or computed income, and taxpayers may intimate lower estimates to pay proportionate instalments or pay higher estimated amounts by the last instalment.
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