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ADVANCE TAX PAID IN PURSUANCE OF REVISED ORDER OF ASSESSING OFFICER

Income Tax - Payment of Taxes and Interest - 07 - The order passed by the Assessing Officer to pay advance tax can be revised by him, under section 210(4) if subsequent to the making of an order to pay advance tax but before March 1 of the relevant financial year, a return of income in respect of any later year has been completed at a higher figure. On receipt of the revised order the assessee will have to pay advance tax accordingly. The assessee can, however, submit his own estimate of lower c .....

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