§ 409
Chapter XIX — Collection And Recovery Of Tax
When assessee is deemed to be in default
Income-tax Act, 2025
An assessee is considered in default if they miss any of the following obligations related to advance tax:
- Fail to pay an instalment by the due date specified in section 408.
- Fail to submit the required intimation under section 407(8) before the instalment’s due date.
- Fail to pay the advance tax based on their estimated current income as required under section 407(9).
📜 Official text of the section +
409. A person shall be deemed to be an assessee in default, if such person—
( a) does not pay on the date specified in section 408, any instalment of the
advance tax that he is required to pay by an order of the Assessing Officer
under section 407(1) and (4); or
( b) does not send to the Assessing Officer an intimation under section
407(8) on or before the date on which any such instalment as is not paid
becomes due; or
( c) does not pay on the basis of his estimate of his current income, the ad-
vance tax payable by him under section 407(9),
in respect of such instalment or instalments.
Credit for advance tax.
Plain-language summary — not the official text. Refer to the bare Act and confirm with a professional for your specific case.