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Arrange the following provisions for advance payment of tax in ascending order of their sections…

Part C (Advance payment of tax) of Chapter XIX of the Income-tax Act, 2025 is arranged as follows: section 403 deals with liability for payment of advance tax (b), section…

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Arrange the following provisions for advance payment of tax in ascending order of their sections (sections 403 to 408) in the Income-tax Act, 2025.

a) Instalments of advance tax and due dates

b) Liability for payment of advance tax

c) Payment of advance tax by the assessee on his own accord

d) Conditions of liability to pay advance tax

e) Computation of advance tax

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Answer and explanation

Correct answer B

Part C (Advance payment of tax) of Chapter XIX of the Income-tax Act, 2025 is arranged as follows: section 403 deals with liability for payment of advance tax (b), section 404 with conditions of liability to pay advance tax (d), section 405 with computation of advance tax (e), section 406 with payment of advance tax by the assessee on his own accord (c), section 407 with payment in pursuance of an order of the Assessing Officer, and section 408 with instalments of advance tax and due dates (a). The ascending order is therefore b, d, e, c, a (formerly sections 207 to 211 of the Income-tax Act, 1961, in the same order).

The other sequences are wrong because they place the instalments (section 408) or own-accord payment (section 406) before the earlier sections.

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