Section 5 - Payment of surcharge - Taxation Laws (Amendment) Act, 2000

5. Payment of surcharge. Notwithstanding anything contained in the Income-tax Act, the surcharge payable under section 2 of, and Part III of die 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 June, 2000, the 15th day of September, 2000 and the 15th day of December, 2000, be payable on or before the 15th day of March, 2001; (ii) in any case in which income-tax has to be charged under section 175 or sub-section (2) of section 176 of the said Act, shall be payable, in the case of an assessee being a domestic company, only where such income-tax is so charged after the date on which this Act receives the assent of the President. SUBHASH C. JAIN, Secy. to the Govt. of India.