https://www.taxtmi.com/article/detailed?id=14760 The note explains that advance tax is payable on a company's current income under Sections 207-211 and that statutory instalment dates govern liability; where an amalgamation scheme has retrospective effect but is formally sanctioned later, instalments falling in the interregnum are treated as payable by the pre sanction company because advance tax depends on current income and on the instalment calendar. en-us Mon, 07 Jul 2025 08:43:45 +0530 Mon, 07 Jul 2025 08:43:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14760 The note explains that advance tax is payable on a company's current income under Sections 207-211 and that statutory instalment dates govern liability; where an amalgamation scheme has retrospective effect but is formally sanctioned later, instalments falling in the interregnum are treated as payable by the pre sanction company because advance tax depends on current income and on the instalment calendar. Articles Income Tax Mon, 07 Jul 2025 08:43:45 +0530 https://www.taxtmi.com/article/detailed?id=14760