Income Tax Law
Income-tax Act, 2025 · CHAPTER XIX — Collection and recovery of tax
Section 410Credit for advance tax
Income-tax Act, 2025 (30 of 2025)
Any sum, other than a penalty or interest, paid by or recovered from an assessee as advance tax in pursuance of this Part shall be treated as a payment of tax in respect of the income of the tax year in which it was payable, and credit therefor shall be given to such assessee in the regular assessment.
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