Table of Contents
o
(A) [Section 207(1)]- Advance tax payable on
current income
o
(B) [Section 207(2)]- Senior citizen not
required to pay advance tax
o
(A) By the Assessee on his own accord under section
210(1):
§
[Section 210(2)]- Increase or decrease of subsequent
instalments:
§
Computation of tax by Assessing Officer [Section
209(1)(b) read with section 209(2)(a)]:
o
[Section 210(4)]- Amendment of Order for payment of
Advance Tax:
o
[Section 209(2)]- Net agricultural income to be taken
into account for computing advance tax:
§
Which year’s agricultural income is to be included in the
current income for computing advance lax:
o
(2) [Section 211(1)(b)]- Advance tax payable by the
Assessee covered under section 44AD or 44ADA:
§
Health
and Education Cess (H&EC) :
- 5. Payment of Advance Tax in case of
Capital Gains / Casual Income [Proviso to section 234C]
- 6. [Section 218]- Assessee Deemed to be
in Default
- 7. [Section 219]- Credit for Advance Tax
Related Posts
Revision by the Principal
Commissioner or Commissioner under Income Tax Act.
Appeals & Revisions, Direct Taxes Ready Reckoner, Tax Management
Table of Contents 1. [Section 263]- Revision of orders
prejudicial to Revenue:Time limit for passing the revision order under section
263:No time limit in the…
[Section 285BA]-Obligation to
Furnish Statement of Financial Transaction or Reportable Account
Direct Taxes Ready Reckoner, Misc. Provisions, Tax Management
Section 285BA requires the furnishing of statement on account of the
following: (A) Statement of financial
transactions (B) Statement of
reportable account Table…
Service of Notice under the
Income-tax Act [Sections 282 to 284]
Direct Taxes Ready Reckoner, Misc. Provisions, Tax Management
Table of Contents 1. [Section 282(1)]- Mode of Service of
Notice or summon or requisition or order or any other communication under the
Income Tax…
[Section 281B]- Provisional
attachment of Property to protect revenue in certain cases
Direct Taxes Ready Reckoner, Misc. Provisions, Tax Management
Table of Contents (1) [Section 281B(1)]- Provisional attachment of any
properly belonging to the assessee:(2) [Section 281B(2)]- Period of
validity of the attachment order:(3) [Section…
Restriction on Cash Transactions
[Section 269ST and 271DA]
Direct Taxes Ready Reckoner, Misc. Provisions, Tax Management
In India, the quantum of domestic black money is huge which adversely
affects the revenue of the Government creating a resource crunch for its
various…
[Section 269T]- Mode of repayment of
certain Loans or Deposits and Specified Advance Received
Direct Taxes Ready Reckoner, Misc. Provisions, Tax Management
(a) No branch of a banking company
or a co-operative bank, and (b) No other
company or co-operative society, and (c)
No…
[Section 269SS]- Mode of taking or
accepting certain Loans, Deposits and Specified Sum
Direct Taxes Ready Reckoner, Misc. Provisions, Tax Management
No person shall take or accept from ant’ other person (herein referred
to as the depositor),— (i) any loan
or (ii) deposit or…
Appeals to Appellate Tribunal
[Section 253(1) and (2)]
Appeals & Revisions, Direct Taxes Ready Reckoner, Tax Management
Table of Contents (A) [Section 253(1)]- Orders against which Appeal may
be filed by the assessee:(B) [Section 253(2)]- Principal Commissioner or
Commissioner may also direct…
First Appeal Filed by the Assessee
Appeals & Revisions, Direct Taxes Ready Reckoner, Tax Management
The first appeal against the order of Assessing Officer shall lie to the
Commissioner (Appeals) and it can be filed by the assessee only. Table…
[Section 273A]- Power to Reduce or
Waive Penalty
Direct Taxes Ready Reckoner, Penalties, Tax Management
Table of Contents (A) [Section 273A(1)]- Power to Reduce or Waive
Penalty imposed or imposable for default under Section 270 or Section
271(1)(c)Principal commissioner /…