C.Advance payment of
tax6
7[Liability for
payment of advance tax.
207. Tax shall be payable in advance during any financial
year, in accordance with the provisions of sections
208 to 219 (both inclusive), in respect of the
total income of the assessee which would be chargeable to tax for the
assessment year immediately following that financial year, such income being
hereafter in this Chapter referred to as current income8.]