March 6, 2018Published by Law@HostBooks at March 6, 2018Categories CHAPTER XVII - Collection and recovery of tax Income-tax Act 1961Section – 222 : Certificate to Tax Recovery Officer222. (1) When an assessee is in default or is deemed to be in default […]
March 6, 2018Published by Law@HostBooks at March 6, 2018Categories CHAPTER XVII - Collection and recovery of tax Income-tax Act 1961Section – 221 : Penalty payable when tax in default221. (1) When an assessee is in default or is deemed to be in default […]
March 6, 2018Published by Law@HostBooks at March 6, 2018Categories CHAPTER XVII - Collection and recovery of tax Income-tax Act 1961Section – 220 : When tax payable and when assessee deemed in default220. (1) Any amount, otherwise than by way of advance tax, specified as payable in […]
March 6, 2018Published by Law@HostBooks at March 6, 2018Categories CHAPTER XVII - Collection and recovery of tax Income-tax Act 1961Section – 219 : Credit for advance tax219. Any sum, other than a penalty or interest, paid by or recovered from an […]
March 6, 2018Published by Law@HostBooks at March 6, 2018Categories CHAPTER XVII - Collection and recovery of tax Income-tax Act 1961Section – 218 : When assessee deemed to be in default218. If any assessee does not pay on the date specified in sub-section (1) of […]
March 6, 2018Published by Law@HostBooks at March 6, 2018Categories CHAPTER XVII - Collection and recovery of tax Income-tax Act 1961Section – 217 : Interest payable by assessee when no estimate made62217. (1) Where, on making the regular assessment, the Assessing Officer finds— (a) that any […]
March 6, 2018Published by Law@HostBooks at March 6, 2018Categories CHAPTER XVII - Collection and recovery of tax Income-tax Act 1961Section – 216 : Interest payable by assessee in case of under-estimate, etc216. Where, on making the regular assessment, the Assessing Officer finds that any assessee has— […]
March 6, 2018Published by Law@HostBooks at March 6, 2018Categories CHAPTER XVII - Collection and recovery of tax Income-tax Act 1961Section – 215 : Interest payable by assessee215. 59(1) Where, in any financial year, an assessee has paid advance tax under section […]
March 6, 2018Published by Law@HostBooks at March 6, 2018Categories CHAPTER XVII - Collection and recovery of tax Income-tax Act 1961Section – 214 : Interest payable by Government214. (1) The Central Government shall pay simple interest at fifteen per cent per annum […]
March 6, 2018Published by Law@HostBooks at March 6, 2018Categories CHAPTER XVII - Collection and recovery of tax Income-tax Act 1961Section – 213 : Commission receipts213. [Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988.]