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| Home > Indian Bare Acts > Income Tax Act - 1961 > Liability for payment of advance tax. |
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| Income Tax Act - 1961 |
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Title : Income Tax Act - 1961
Year : 1961
Act :
207. Liability for payment of advance tax. Tax shall be payable in advance during any financial year, in accordance with the provisions of sections 208 to219 (both inclusive), in respect of the total income of the assessee which would be chargeable to tax for the assessment year immediately following that financial year, such income being hereafter in this Chapter referred to as"current income".
Last updated on February, 2008
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