ZipLaw
Income-tax Act Section 410
Default readable text
The Income-tax Act, 2025

Section 410 Credit for advance tax

Chapter
XIX · Collection and Recovery of Tax
Part
C.––Advance payment of tax
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.