Section 6 - Payment of surcharge - Taxation Laws (Amendment) Act, 1991

6. Payment of surcharge. Notwithstanding anything contained in the Income-tax Act, (a) the surcharge payable under section 2 of, and Part III of the First Schedule to, the principal Act, as amended by this Act, (i) in the case of an assessee being a domestic company, shall, in respect of the instalment of advance tax paid or payable on or before the 15th day of September, 1990, be payable on or before the 15th day of November, 1990; (ii) in the case of an assessee not being a domestic company, shall, in respect of the instalment of advance tax paid or payable on or before the 15th day of September, 1990 and the 15 th day of December, 1990, be payable on or before the 15th day of March, 1991; (iii) in any case in which income-tax has to be calculated under the first proviso to sub-section (5) of section 132 of the Income-tax Act or charged under sub-section (4) of section 172 or sub-section (2) of section 174 or section 175 or sub-section (2) of section 176 of the said Act, shall be payable only where such income-tax is so calculated or charged (1) in respect of a domestic company, after the 15th day of October, 1990; (2) in respect of any other assessee, after the date on which this Act receives the assent of the President; (b) in the case of surcharge deductible under section 2 of, and Part III of the First Schedule to, the principal Act, as amended by this Act, the person responsible for making the payment referred to in sub-section (1) or sub-section (2) or sub-section (2A) or sub-section (2B) of section 192 of the Income-tax Act shall, at the time of making such payment after the date on which this Act receives the assent of the President, adjust any deficiency arising out of any previous deduction resulting on account of the increase in the rate of surcharge.