Advance tax liability must be paid in remaining instalments after a demand notice, aligning payment timing with the financial year. If advance tax is payable under a notice of demand from the Assessing Officer, the whole or part so demanded must be paid through the remaining ... Summary
Advance tax liability must be paid in remaining instalments after a demand notice, aligning payment timing with the financial year.
If advance tax is payable under a notice of demand from the Assessing Officer, the whole or part so demanded must be paid through the remaining instalments due in the financial year after the date of the notice, aligning the demanded liability with the statutory instalment schedule for that year.
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