Income-tax Act, 2025 · CHAPTER XIX — Collection and recovery of tax

Section 409When assessee is deemed to be in default

Income-tax Act, 2025 (30 of 2025)

A person shall be deemed to be an assessee in default, if such person—

(a)does not pay on the date specified in section 408, any instalment of the advance tax that he is required to pay by an order of the Assessing Officer under section 407(1) and (4); or

(b)does not send to the Assessing Officer an intimation under section 407(8) on or before the date on which any such instalment as is not paid becomes due; or

(c)does not pay on the basis of his estimate of his current income, the advance tax payable by him under section 407(9), in respect of such instalment or instalments.

does not pay on the date specified in section 408, any instalment of the advance tax that he is required to pay by an order of the Assessing Officer under section 407(1) and (4); or

does not send to the Assessing Officer an intimation under section 407(8) on or before the date on which any such instalment as is not paid becomes due; or

does not pay on the basis of his estimate of his current income, the advance tax payable by him under section 407(9), in respect of such instalment or instalments.

This section refers to

§ 407 Payment of advance tax by assessee in pursuance of order of Assessing Officer

§ 408 Instalments of advance tax and due dates.