Section 404 of Income Tax Act, 2025 : Conditions of liability to pay advance tax. HomeIncome Tax Act, 2025Section 404 of Income Tax Act, 2025 : Conditions of liability to pay advance tax. published by Advocate Shruti Goyal | February 14, 2025 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.