Home > Income Tax Act 2025 > Section-404Last Updated: Oct 01st 2025
Section-404 seeks to provide for conditions where assessee shall be required to pay advance tax. Learn to understand the section-404 as it is, it's help and useful links to follow.
Here onwards, "Act" refers to "Income Tax Act 2025"
Advance tax shall be payable by the assessee during a Financial year, where the amount of such tax payable during that year, as computed under this Part, is ₹10000 or more.
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.