Section 7A(5)(b) in The Companies (Profits) Surtax Act, 1964

[Cites 0, Cited by 2] [Section 7A(5)] [Section 7A] [Entire Act]

Union of India - Subsection

Section 7A(5)(b) in The Companies (Profits) Surtax Act, 1964

(b)where it has not previously been assessed by way of regular assessment under this Act, an estimate of

(i)the current chargeable amount, and

(i)in a case falling under clause (a), as accords with the statement in equal instalments on the dates applicable in its case under sub-section (4); and

(ii)in a case falling under clause (b), as accords with the estimate in equal instalments on such of the dates applicable in its case as have not expired, or in one sum if only the last of such dates has not expired.

(ii)the advance surtax payable by it on the amount specified in (i) above calculated in the manner laid down in sub-section (3), and shall pay such amount of advance surtax,

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Union of India - Subsection

Section 7A(5)(b) in The Companies (Profits) Surtax Act, 1964