TaxTMI 
TaxTMI 
Omitted
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....ncome-tax Officer- (i) an estimate of the total income exclusive of capital gains for that period; (ii) an estimate of the advance tax payable by him calculated in the manner laid down in section 209; and shall pay such amount as accords with his estimate in equal instalments on such of the dates specified in section 211 as have not expired, or in one sum if only the last of such dates has not expired." 2. Substituted vide Section 16 of the Finance Act, 1969 w.e.f. 01-04-1969 before it was read as, "(3) Any person who has not previously been assessed by way of regular assessment under this Act or under the Indian Income-tax Act, 1922 (11 of 1922), shall, before the 1st day of March in eac....
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....sp;before it was read as, "^2[(3) Any person who has not previously been assessed by way of regular assessment under this Act or under the Indian Income-tax Act, 1922 (11 of 1922), shall, in each financial year, before the date on which the last instalment of advance tax is due in his case under sub-section (1) of section 211, if his current income is likely to exceed the amount specified in sub-section (2) of section 208, send to the Income-tax Officer an estimate of - (i) the current income, and (ii) the advance tax payable by him on the current income calculated in the manner laid down in section 209, and shall pay such amount of advance tax as accords with his estimate on such of the dates applicable ....
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....Income-tax Officer an estimate of - (i) the current income, and (ii) the advance tax payable by him on the current income calculated in the manner laid down in section 209, and shall pay such amount of advance tax as accords with his estimate in equal instalments on such of the dates applicable in his case under section 211 as have not expired, or in one sum if only the last of such dates has not expired.] (2) The assessee may send a revised estimate of the advance tax payable by him ^8[on or before any one of the dates] specified in section 211 and adjust any excess or deficiency in respect of any instalment already paid in a subsequent instalment or in subsequent instalments. (3) ^6[****] ....