https://www.taxtmi.com/manuals?id=8005 Section 390 prescribes payment of income-tax through deduction or collection at source, advance tax, and direct payment where tax on a non-monetary perquisite is paid instead of deducted. These mechanisms apply independently of subsequent assessment and do not affect the underlying charge of income-tax. Tax deposited with the Central Government is treated as paid on behalf of the relevant person and is creditable against that person's tax liability. The modes are additional to other recovery mechanisms, while rules may govern entitlement to credit and the tax year of allowance. en-us Fri, 17 Jul 2026 17:31:00 +0530 Mon, 07 Sep 2026 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=8005 Section 390 prescribes payment of income-tax through deduction or collection at source, advance tax, and direct payment where tax on a non-monetary perquisite is paid instead of deducted. These mechanisms apply independently of subsequent assessment and do not affect the underlying charge of income-tax. Tax deposited with the Central Government is treated as paid on behalf of the relevant person and is creditable against that person's tax liability. The modes are additional to other recovery mechanisms, while rules may govern entitlement to credit and the tax year of allowance. Manuals Income Tax Fri, 17 Jul 2026 17:31:00 +0530 https://www.taxtmi.com/manuals?id=8005