Section 34 - Amendment of section 208 - Taxation Laws (Amendment) Act, 1984

34. Amendment of section 208. In section 208 of the Income-tax Act, with effect from the 2nd day of April, 1985, (a) in sub-section (1), in clause (a), for the words, brackets, letter and figures clause (a) of section 209 , the words, brackets, letter and figures clause (a) of sub-section (1) of section 209 shall be substituted; (b) after sub-section (2), the following sub-section shall be inserted, namely: (3) Notwithstanding anything contained in the foregoing provisions of this section, where in the case of an assessee referred to in clause (c) or clause (d) of sub-section (2), the amount of advance tax payable by him during the financial year, as computed in accordance with the provisions of this section, does not exceed fifteen hundred rupees, it shall not be necessary for such assessee to pay any advance tax during that financial year. .