Income Tax Department

Ministry of Finance, Government of India

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Section 404

Conditions of liability to pay advance tax

Section

Section Number

404

Chapter

CHAPTER XIX - Collection and recovery of tax

Act

Income-tax Act, 2025

Year

2026

Conditions of liability to pay advance tax

Conditions of liability to pay advance tax.

404. Advance tax shall be payable by the assessee during a financial year, where the amount of such tax payable during that year, as computed under this Part, is Rs. 10000 or more.

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