Interest for unpaid advance tax is charged on the entire tax computed on an assessee's total income. Interest for failure to pay advance tax is computed on the entire tax liability determined on the assessee's total income; where the assessee fails to pay advance tax, interest is charged on the whole amount of tax computed on total income rather than on instalments.
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.
Interest for unpaid advance tax is charged on the entire tax computed on an assessee's total income.
Interest for failure to pay advance tax is computed on the entire tax liability determined on the assessee's total income; where the assessee fails to pay advance tax, interest is charged on the whole amount of tax computed on total income rather than on instalments.
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