India - Income Tax Act 2010 - Saarc

S. 211 I.T. ACT, 1961 1.794Due date of instalmentOn or before the 15th JuneTABLE IOn or before the 15th SeptemberOn or before the 15th DecemberOn or before the 15th MarchAmount payableNot less than fifteen per cent ofsuch advance tax.Not less than forty-five percent of such advance tax, asreduced by the amount, if any,paid in the earlier instalment.Not less than seventy-five percent of such advance tax, asreduced by the amount oramounts, if any, paid in theearlier instalment orinstalments.The whole amount of suchadvance tax as reduced by theamount or amounts, if any, paidin the earlier instalment orinstalments;(b) all the assessees (other than companies), who are liable to pay thesame, in three instalments during each financial year and the due dateof each instalment and the amount of such instalment shall be asspecified in Table II below :Due date of instalmentTABLE IIOn or before the 15th SeptemberOn or before the 15th DecemberOn or before the 15th MarchAmount payableNot less than thirty per cent ofsuch advance tax.Not less than sixty per cent ofsuch advance tax, as reducedby the amount, if any, paid inthe earlier instalment.The whole amount of suchadvance tax as reduced by theamount or amounts, if any, paidin the earlier instalment orinstalments :Provided that any amount paid by way of advance tax on or before the 31st dayof March shall also be treated as advance tax paid during the financial yearending on that day for all the purposes of this Act.](2) If the notice of demand issued under section 156 in pursuance of an order ofthe Assessing Officer under sub-section (3) or sub-section (4) of section 210 isserved after any of the due dates specified in sub-section (1), the appropriate partor, as the case may be, the whole of the amount of the advance tax specified in