Section 208Central Act
Section 208: Conditions of liability to pay advance tax
Conditions of liability to pay advance tax.
- Advance tax shall be payable during a financial year in every case where the amount of such tax payable by the assessee during that year, as computed in accordance with the provisions of this Chapter, is [ten thousand rupees] [ Substituted by Act 33 of 2009, Section 71, for " five thousand rupees" (w.e.f. 1.4.2009).] or more.Previous
Sec 207 — [ Liability for payment of advance tax. [ Substituted by Act 4 of 1988, Section 76, for Section 207 (w.e.f. 1.4.1988).]
Next
Sec 209 — Computation of advance tax
Disclaimer: This section is reproduced for general informational and reference purposes only. Always verify against the latest official gazette and consult a qualified advocate before relying on any provision.