21[Payment of advance
tax by the assessee of his own accord or in pursuance of order of Assessing
Officer.
210. (1) Every person who is liable to pay advance tax
under section 208 (whether or not he has been
previously assessed by way of regular assessment) shall, of his own accord,
pay, on or before each of the due dates specified in section
211, the appropriate percentage, specified in that section, of the advance
tax on his current income, calculated in the manner laid down in section 209.
(2)
A person who pays any instalment or instalments of advance tax under
sub-section (1), may increase or reduce the amount of advance tax payable in
the remaining instalment or instalments to accord with his estimate of his
current income and the advance tax payable thereon, and make payment of the
said amount in the remaining instalment or instalments accordingly.
(3)
In the case of a person who has been already assessed by way of regular
assessment in respect of the total income of any previous year 22[***], the Assessing
Officer, if he is of opinion that such person is liable to pay advance tax,
may, at any time during the financial year but not later than the last day of
February, by order in writing, require such person to pay advance tax
calculated in the manner laid down in section 209,
and issue to such person a notice of demand under section
156 specifying the instalment or instalments in which such tax is to be
paid.
(4)
If, after the making of an order by the Assessing Officer under sub-section (3)
and at any time before the 1st day of March, a return of income is furnished by
the assessee under section 139 or in response to a
notice under sub-section (1) of section 142, or a
regular assessment of the assessee is made in respect of a previous year later
than that referred to in sub-section (3), the Assessing Officer may make an
amended order and issue to such assessee a notice of demand under section 156
requiring the assessee to pay, on or before the due date or each of the due
dates specified in section 211 falling after the
date of the amended order, the appropriate percentage, specified in section 211, of the advance tax computed on the basis
of the total income declared in such return or in respect of which the regular
assessment aforesaid has been made.
(5)
A person who is served with an order of the Assessing Officer under sub-section
(3) or an amended order under sub-section (4) may, if in his estimation the
advance tax payable on his current income would be less than the amount of the
advance tax specified in such order or amended order, send an intimation in the
prescribed form23 to the
Assessing Officer to that effect and pay such advance tax as accords with his
estimate, calculated in the manner laid down in section
209, at the appropriate percentage thereof specified in section 211, on or before the due date or each of the
due dates specified in section 211 falling after
the date of such intimation.
(6)
A person who is served with an order of the Assessing Officer under sub-section
(3) or amended order under sub-section (4) shall, if in his estimation the
advance tax payable on his current income would exceed the amount of advance
tax specified in such order or amended order or intimated by him under
sub-section (5), pay on or before the due date of the last instalment specified
in section 211, the appropriate part or, as the
case may be, the whole of such higher amount of advance tax as accords with his
estimate, calculated in the manner laid down in section
209.]
