Payment of advance tax by the assessee of his own accord or in pursuance of order of Assessing Officer

Payment of advance tax by the assessee of his own accord or in pursuance of order of Assessing Officer https://www.taxtmi.com/acts?id=4067 Every person liable to pay advance tax must pay, of their own accord, the prescribed percentages of advance tax on current income by the due dates, calculated under section 209, and may increase or reduce remaining instalments to reflect revised estimates. If already assessed for a prior year, the Assessing Officer may order payment of advance tax and issue a notice of demand, and may amend that order after a return or later assessment; taxpayers served with such orders may intimate lower estimates or must pay any higher estimated liability before the last instalment due date. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 19 Jul 2025 13:25:57 +0530 TaxTMI RSS Generator Payment of advance tax by the assessee of his own accord or in pursuance of order of Assessing Officer https://www.taxtmi.com/acts?id=4067 Every person liable to pay advance tax must pay, of their own accord, the prescribed percentages of advance tax on current income by the due dates, calculated under section 209, and may increase or reduce remaining instalments to reflect revised estimates. If already assessed for a prior year, the Assessing Officer may order payment of advance tax and issue a notice of demand, and may amend that order after a return or later assessment; taxpayers served with such orders may intimate lower estimates or must pay any higher estimated liability before the last instalment due date. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4067