(1) The Central Government may, by notification provide that deduction or collection of tax shall not be made or is to be made at such lower rate, from such payment or receipt and in respect of such person or class of persons. (2) The Board may issue guidelines with the previous approval of the Central […]

Where tax is deductible at the source under this Chapter, the assessee shall not be called upon to pay the tax himself to the extent to which tax has been deducted from that income.

In this chapter,––(1) “Administrator” shall have the same meaning as assigned to it in section2(a) of the Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002; (2) “agricultural land” means agricultural land in India,––(a) not being a land situate in any area referred to in section 2(22)(iii), for the purposes of section 393(1)

(1) Advance tax shall be payable during any tax year in respect of the current income of the assesse, as per the provisions of this Part.(2) For the purposes of this Part, “current income” means the total income of the assessee which would be chargeable to tax for that tax year.(3) The provisions of sub-section

Advance tax shall be payable by the assessee during a tax year, where the amount of such tax during that year, as computed under this Part, is ten thousand rupees or more.

(1) The amount of advance tax payable by an assessee under section 404, on his own accord under section 406, or in pursuance of an order of an Assessing Officer under section 407, in the tax year shall, subject to the provisions of sub-section (2), be computed as under–– A = B-Cwhere,––A = the amount

(1) All the assessees who are liable to pay advance tax, other than the assessee referred to in sub-section (2), shall pay the same on the current income calculated in the manner laid down in section 405 in four instalments during each tax year and the due date of each instalment and the amount of

(1) Every person, who is liable to pay advance tax under section 404 (whether or not he has been previously assessed by way of regular assessment) shall, on his own accord, pay advance tax on the specified sum, calculated in the mannerlaid down in section 405, at the appropriate percentage, and on or before the

(1) Where a person has already been assessed for the total income of any tax year by way of regular assessment and the Assessing Officer is of the opinion that such person is liable to pay advance tax, he may require such person to payadvance tax on the specified sum, calculated in the manner laid

A person shall be deemed to be an assessee in default, if such person—(a) does not pay on the date specified in section 408, any instalment of the advance tax that he is required to pay by an order of the Assessing Officer under section 407(1) and (4); or(b) does not send to the Assessing