(1) The tax on income shall be payable as per this Chapter by way of–– (a) deduction or collection at source; or(b) advance payment; or(c) payment under section 392(2)(a). (2) The tax referred to in sub-section (1) shall be payable as per the provisions of this Chapter, irrespective of the assessment to be made later than […]

(1) The income-tax on any income shall be payable directly by the assessee if— (a) there is no provision under this Chapter to deduct income-tax on such income at the time of payment; or(b) income-tax has not been deducted as per the provisions of this Chapter. (2) If an assessee has any income of the

(1) Any person responsible for paying any income chargeable under the head “Salaries” shall deduct income-tax on the amount payable and this deduction shall be made at the time of such payment at the average rate of income-tax computed on the basis of the rates in force for the tax year in which the payment

(1) Where any income or sum of the nature specified in column B of the Table below, is credited or paid or distributed by the person specified in column C during the tax year, to a resident, the person responsible for paying shall deduct income-tax,— (a) on the entire amount of such income or sum,

(1) Every person, as specified in column C of the Table below shall collect tax––(a) on receipts specified in column B;(b) at the rate as specified in column D; and(c) at the time of debiting of the amount payable by the buyer or licensee or lessee to the account of the buyer or licensee or

(1) Where tax is required to be deducted on any income or sum under this Chapter, then subject to the rules made under this Act,— (a) the payee may make an application before the Assessing Officer for deduction of tax at a lower rate; and(b) the Assessing Officer on being satisfied that the total income

The following sums shall be deemed as income received for the purposes of computing the income of an assessee—(a) amount deducted under this Chapter; and(b) income-tax paid outside India by way of deduction in respect of which an assessee is allowed a credit against the tax payable under this Act, except tax paid under section

(1) (a) Every person deducting or collecting tax shall apply to the Assessing Officer for allotment of a tax deduction and collection account number within such time as prescribed, if that person has not already been allotted such number;(b) where a tax deduction and collection account number has been allotted to a person, such person

(1) If a person, including the principal officer of a company,––(a) who is required to deduct or collect any amount under this Act; or(b) referred to in section 392(2)(a), being an employer,—(i) does not deduct or pay; or(ii) does not collect or pay; or(iii) after deducting or collecting fails to pay, the whole or any

(1) All statements of tax deducted at source or tax collected at source including a correction statement shall be processed in the following manner:––(a) the amounts deductible or collectible under this Chapter shall be computed after making the following adjustments—(i) any arithmetical error in the statement; or (ii) an incorrect claim apparent from any information in the statement;(b)