Conditions of liability to pay advance tax
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....^14[ten thousand rupees] or more.] *************** NOTES:- 1. Substituted vide Section 12 of the Finance Act, 1969 w.e.f. 01-04-1969 before it was read as, "Condition of liability to pay advance tax 208. Advance tax shall be payable in the financial year- (a) where the total income exclusive of capital gains of the assesse....
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....09 or such person being a person referred to in sub-section (3) of section 212 is not likely to be resident in India during the previous year relevant to the assessment year next following the financial year in which the advance tax is payable .. .. .. .. .. Rs. 5,000; (ii) in any other case .. .. .. Rs. 10,000." 4. Substituted vide Section 22 of the Finance Act, 1978 w.e....
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....-04-1985 10. Substituted vide Section 32 of the Finance Act, 1985 w.e.f. 24-05-1985 before it was read as, "Rs. 15,000" 11. Substituted vide Section 32 of the Finance Act, 1985 w.e.f. 24-05-1985 before it was read as, "Rs. 15,000" 12. Substituted vide Section 76 of the Direct Tax Laws (Amendment) Act, 1987 w.e.f. 01-04-1988 before it was read as,&....
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.... any time during the previous year has at least one member whose total income of the previous year exceeds ^10[Rs. 18,000]... Rs. 12,000; (d) in any other case... ^11[Rs. 18,000].]] ^9[(3) Notwithstanding anything contained in the foregoing provisions of this section, where in the case of an assessee referred to in clause (c) or clause (d) of sub-section (2), the amount....
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