Register of Demand and Collections of Advance Payment of Tax - Modification of - Instructions regarding

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....of procedural instructions relating to section 209A of the Income-tax Act, introduced by the Finance Act, 1978. 2. The Direct Tax Laws (Amendment) Act, 1987 omitted sections 209A and 212, thus dispensing with the requirement of filling of statements/estimates of advance tax payable by the assessees. Consequently, only those cases will be entered in the D &CR where notices under section 210(3) are issued by the Assessing Officers. Such notices are to be issued only to the assessees, who had earlier been assessed to Income-tax, but have not paid any advance tax voluntarily during the relevant financial year. Where a revised notice u/s 210(4) is issued by an Assessing Officer or the amount of advance tax originally demanded by the Assessing O....

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....advance tax payable as per the revised notice issued by the Assessing Officer u/s 210(4) or an intimation furnished by the assessee u/s 210(6) should be indicated in column (8) with plus (+) sign preceding the amount. or The amount by which the original amount of advance tax entered in column (5) is reduced by an intimation furnished by the assessee mentioned in column (7) should be entered in column (8) with minus (-) sign preceding the amount. 3.10 The total tax payable viz., the original amount (column 5) plus the additions (column 8) or minus the reductions (column 8) should be entered in column (9). 3.11 Column (10) to (14) meant for recording collections and columns (16) to (19) designed to enter demand and Collection of penalty u....

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....bsp; 4         5       6       7        8        9 --------------------------------------------------------------------------- --------------------------------------------------------------------------- REGISTER OF DEMAND AND COLLECTIONS OF ADVANCE PAYMENT OF TAX --------------------------------------------------------------------------- Collection        Arrear 2nd Instalment           Arrear 3rd Instalment ---------------------------------------------------------------------------....