https://www.taxtmi.com/manuals?id=4331 Assessing Officer may order payment of advance tax if a liable taxpayer has not paid or has underpaid; the order must state the amount and instalments and be issued during the previous year but before 1 March. For computation the AO takes the higher of the total income of the latest previous year for which an assessment is complete or the total income declared by the assessee in any subsequent return, and computes tax on that amount at prevailing rates. en-us Wed, 27 Dec 2023 10:19:00 +0530 Wed, 27 Dec 2023 10:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4331 Assessing Officer may order payment of advance tax if a liable taxpayer has not paid or has underpaid; the order must state the amount and instalments and be issued during the previous year but before 1 March. For computation the AO takes the higher of the total income of the latest previous year for which an assessment is complete or the total income declared by the assessee in any subsequent return, and computes tax on that amount at prevailing rates. Manuals Income Tax Wed, 27 Dec 2023 10:19:00 +0530 https://www.taxtmi.com/manuals?id=4331