1985 (10) TMI 72

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..... ) of the Income-tax Act at some length because, according to the Department, section 154 of the Income-tax Act was not applicable to these cases. The assessee had been assessed under section 144 of the Act but the same was set aside under section 146. The question was whether the assessee was liable to pay advance tax on its own in these circumstances. The provisions of section 212(3), as it stood .....

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..... tax is due in his case under sub-section (1) of section 211, if his current income is likely to exceed the amount specified in sub-section (2) of section 208, send to the Income-tax Officer an estimate of-..." The provision shows that an obligation to file an estimate arises before a person has been regularly assessed and once an assessment is made, the obligation ceases. We do not think that it .....

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