Advance tax shall be payable during a financial
year in every case where the amount of such tax payable by the assessee during that year, as computed in
accordance with the provisions of this Chapter, is ten thousand rupees or more.
Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights
