Amendment of section 211

Q: When was Section 44 of the Finance Act enacted?

Section 44 of the Finance Act, cited as Finance Act 1994 44, was enacted on 13 May 1994 as Act 32 of 1994. It is in force as at the date shown on this page.

In force Act 32 of 1994 As on 17 Oct 2026

Act 32 of 1994 Ministry Finance Enacted 13 May 1994

Section 44 of the Finance Act, 1994 deals with amendment of section 211. Amendment of section 211. 44. In section 211 of the Income-tax Act, for sub-section (1), the following sub-section shall be substituted with effect from the 1st day of April, 1994, namely:— "(1) Advance tax on the current income calculated in the manner laid down in section 209 shall be payable by— The Act was enacted on 13 May 1994.

Amendment of section 211.
44. In section 211 of the Income-tax Act, for sub-section (1), the following sub-section shall be substituted with effect from the 1st day of April, 1994, namely:—
"(1) Advance tax on the current income calculated in the manner laid down in section 209 shall be payable by—
(a) all the companies, who are liable to pay the same, in four instalments during each financial year and the due date of each instalment and the amount of such instalment shall be as specified in Table I below:
TABLE I
Due date of instalment Amount payable
On or before the 15th June On or before the 15th September Not less than fifteen per cent. of such advance tax. Not less than forty-five per cent. of such advance tax, as reduced by the amount, if any, paid in the earlier instalment.
On or before the 15th December Not less than seventy-five per cent. of such advance tax, as reduced by the amount or amounts, if any, paid in the earlier instalment or instalments.
On or before the 15th March The whole amount of such advance tax as reduced by the amount or amounts, if any, paid in the earlier instalment or instalments.
(b) all the assessees (other than companies), who are liable to pay the same, in three instalments during each financial year and the due date of each instalment and the amount of such instalment shall be as specified in Table II below:
TABLE II
Due date of instalment Amount payable
On or before the 15th September. Not less than thirty per cent. of such advance tax
On or before the 15th December. Not less than sixty per cent. of such advance tax, as reduced by the amount, if any, paid in the earlier instalment.
On or before the 15th March. The whole amount of such advance tax as reduced by the amount or amounts, if any, paid in the earlier instalment or instalments:
Provided that any amount paid by way of advance tax on or before the 31st day of March shall also be treated as advance tax paid during the financial year ending on that day for all the purposes of this Act.".
[Finance Act, 1994]
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Section 44, The Finance Act, 1994 (Act 32 of 1994).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

Income-tax Act s. 211 Instalments of advance tax and due dates

Questions about Section 44

What does Section 44 of the Finance Act deal with?

Section 44 of the Finance Act is headed "Amendment of section 211". Amendment of section 211. 44. In section 211 of the Income-tax Act, for sub-section (1), the following sub-section shall be substituted with effect from the 1st day of April, 1994, namely:— "(1) Advance tax on the current income calculated in the manner laid down in section 209 shall be payable by—

How do I find court cases under Section 44 of the Finance Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 1994 44, section 44 Finance Act 1994, section 44 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 44 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 211 (Instalments of advance tax and due dates), so none of them can safely be read on its own.

When was Section 44 of the Finance Act enacted?

Section 44 of the Finance Act, cited as Finance Act 1994 44, was enacted on 13 May 1994 as Act 32 of 1994. It is in force as at the date shown on this page.

Other sections of this Act

First Schedule. First Schedule5507 words
2. Income-tax2077 words
16. Insertion of new sections 44AD and 44AE987 words
32. Amendment of section 115A828 words
45. Amendment of section 234C587 words
6. Amendment of section 10557 words

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument. This page is not a substitute for legal advice.

	TABLE I
Due date of instalment	Amount payable
On or before the 15th June On or before the 15th September	Not less than fifteen per cent. of such advance tax. Not less than forty-five per cent. of such advance tax, as reduced by the amount, if any, paid in the earlier instalment.
On or before the 15th December	Not less than seventy-five per cent. of such advance tax, as reduced by the amount or amounts, if any, paid in the earlier instalment or instalments.
On or before the 15th March	The whole amount of such advance tax as reduced by the amount or amounts, if any, paid in the earlier instalment or instalments.

	TABLE II
Due date of instalment	Amount payable
On or before the 15th September.	Not less than thirty per cent. of such advance tax
On or before the 15th December.	Not less than sixty per cent. of such advance tax, as reduced by the amount, if any, paid in the earlier instalment.
On or before the 15th March.	The whole amount of such advance tax as reduced by the amount or amounts, if any, paid in the earlier instalment or instalments: