(1) Notwithstanding that the regular assessment in respect of any income is to be made in a later assessment year, the tax on such income shall be payable by deduction 1 or collection at source 2 or by advance payment or by payment under sub-section (1A) of section 192, as the case may be, in accordance with the provisions of this Chapter.
(2) Nothing in this section shall prejudice the charge of tax on such income under the provisions of sub-section (1) of section 4.
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1. Ins. by Act 3 of 1989, s. 29 (w.e.f. 1-6-1988).
2. Ins. by Act 20 of 2002, s. 70 (w.e.f. 1-6-2002).
Section 180A Consideration for know-how
Section 184 Assessment as a firm
Section 185 Assessment when section 184 not complied with
Section 187 Change in constitution of a firm
Section 188 Succession of one firm by another firm
Section 188A Joint and several liability of partners for tax payable by firm
Section 189 Firm dissolved or business discontinued
Section 189A Provisions applicable to past assessments of firms