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1 - 10 of 18 (0.78 seconds)Section 207 in The Income Tax Act, 1961 [Entire Act]
Section 211 in The Income Tax Act, 1961 [Entire Act]
Section 212 in The Income Tax Act, 1961 [Entire Act]
Section 219 in The Income Tax Act, 1961 [Entire Act]
Section 217 in The Income Tax Act, 1961 [Entire Act]
Section 213 in The Income Tax Act, 1961 [Entire Act]
Section 208 in The Income Tax Act, 1961 [Entire Act]
The Income Tax Act, 1961
Bharat Textile Works And Ors. vs Income-Tax Officer Circle-Iv, 3-A, ... on 22 February, 1978
10. It is true that in Bharat Textile Works case [1978] 114 ITR 28 (Guj), the Division Bench accepted the contention of learned counsel appearing for the revenue that tax which is not paid in accordance with the provisions of s. 212(3A) is not advance tax for the purposes of any of the provisions of ss. 208 to 219 and, therefore, in that particular case is on the word "paid" in that passage occurring at page 35 of the report. The payability of the advance tax is different from the actual payment of advance tax. Tax payable in accordance with the provisions of ss. 208 to 219 is advance tax for the purpose of that particular group of sections and for the purpose of ss. 207 to 219, both inclusive. If tax becomes payable in the sense that liability to pay advance tax is incurred, there is provision in ss. 208 to 219 about the liability. Under s. 211, instalments of advance tax are to be paid in a particular manner laid down in that section but we have pointed out earlier that even looking to the provisions of sub-s. (2) of s. 211 there is no special sanctity about the date set out in s. 211. All that the substance of advance tax requires is that before the end of the financial year, advance tax should be paid.