Chapter: 1.2 Rights and Duties of Tax Payer

Rights and Duties of Tax Payer

Filing of the Income Tax Return

Liability for payment of Advance Tax

Advance Tax shall be payable during the financial year in every case where the amount of such tax payable by the assessee during that year as computed is five thousand and more.

All the assesses other than companies who are liable to pay advance tax, the same will be paid in three installments during the financial year and due date of each installment and the amount of such installment and the amount of such installment shall be as specified below.