Section 190 - Deduction at source and advance payment - Income-tax Act, 1961

Chapter XVII Collection and recovery of tax A.-General Deduction at source and advance payment. 190. (1) Notwithstanding that the regular assessment in respect of any income is to be made in a later assessment year, the tax on such income shall be payable by deduction 1 [or collection] at source or by advance payment 2 [or by payment under sub-section (1A) of section 192], as the case may be, in accordance with the provisions of this Chapter. (2) Nothing in this section shall prejudice the charge of tax on such income under the provisions of sub-section (1) of section 4. --------------------- Notes :- 1. Inserted by the Direct Tax Laws (Amendment) Act, 1989, w.r.e.f. 1-6-1988. 2. Inserted by the Finance Act, 2002, w.e.f. 1-6-2002.