TMI BlogInstalments of advance tax and due datesX X X X Extracts X X X X X X X X Extracts X X X X ..... ay the same, in four instalments during each financial year and the due date of each instalment and the amount of such instalment shall be as specified in the Table below: TABLE Due date of instalment Amount payable On or before the 15th June Not less than fifteen per cent. of such advance tax. On ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... may be], to the extent of the whole amount of such advance tax during each financial year on or before the 15th March: Provided that any amount paid by way of advance tax on or before the 31st day of March shall also be treated as advance tax paid during the financial year ending on that day for all the purposes of this Act. ] (2) If the notice of demand issued under section 156 in pursua ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988 and later amended by the Finance Act, 1992, w.e.f. 1-4-1992. 3. Substituted vide THE FINANCE ACT, 2016 w.e.f. 1st day of June, 2016, before it was read as, 2 [(1) Advance tax on the current income calculated in the manner laid down in section 209 shall be payable by- ( a ) all the companies, who are liable to pay th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... On or before the 15th March The whole amount of such advance tax as reduced by the amount or amounts, if any, paid in the earlier instalment or instalments; ( b ) all the assessees (other than companies), who are liable to pay the same, in three instalments during each financial year and the due date of each instalment and the amount of such inst ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the financial year ending on that day for all the purposes of this Act.] 4. Substituted vide THE FINANCE ACT, 2017 w.e.f. 1st day of April, 2017, before it was read as, an eligible assessee in respect of an eligible business referred to in section 44AD - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management ..... X X X X Extracts X X X X X X X X Extracts X X X X
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