Revision of advance tax estimate permitted; taxpayer may pay updated advance tax by due dates without filing. An assessee may revise its income estimate and pay the adjusted advance tax before the prescribed due dates; there is no requirement to file the revised estimation of income with the tax department.
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.
Revision of advance tax estimate permitted; taxpayer may pay updated advance tax by due dates without filing.
An assessee may revise its income estimate and pay the adjusted advance tax before the prescribed due dates; there is no requirement to file the revised estimation of income with the tax department.
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