Advance tax deadline extended; taxpayers may remit payments by the revised deadline without incurring deferment interest. Taxpayers liable to pay the December instalment of Advance tax may remit that instalment on the next banking business day when designated bank branches are closed on the scheduled due date; payments may be made at designated branches of authorised banks or electronically, and the administratively extended time limit is granted without attracting consequential interest for deferment.
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Provisions expressly mentioned in the judgment/order text.
Advance tax deadline extended; taxpayers may remit payments by the revised deadline without incurring deferment interest.
Taxpayers liable to pay the December instalment of Advance tax may remit that instalment on the next banking business day when designated bank branches are closed on the scheduled due date; payments may be made at designated branches of authorised banks or electronically, and the administratively extended time limit is granted without attracting consequential interest for deferment.
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