Section 435
Interest for Advance Tax Deferment (234C)
Section No.
435
Chapter
XXII
ITA 1961 Predecessor
S.234C
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Chapter Context
Section 435 falls under Chapter XXII — Penalties of the Income Tax Act 2025. This act came into force on 1 April 2026, replacing the Income Tax Act 1961. The equivalent provision in the old act was S.234C.
Frequently Asked Questions
Section 435 of the Income Tax Act 2025 deals with "Interest for Advance Tax Deferment (234C)". It falls under Chapter XXII (Penalties). The equivalent provision in the old Income Tax Act 1961 was S.234C. The Income Tax Act 2025 came into force on 1 April 2026, replacing the entire ITA 1961.
S.234C of the Income Tax Act 1961 corresponds to Section 435 of the Income Tax Act 2025 ("Interest for Advance Tax Deferment (234C)"). The ITA 2025 reorganised and renumbered most provisions from ITA 1961 while retaining their substantive legal effect. Tax professionals and taxpayers familiar with the old numbering can use this section-by-section mapping to navigate the new act.
Section 435 ("Interest for Advance Tax Deferment (234C)") is part of Chapter XXII — Penalties — of the Income Tax Act 2025. This chapter deals with penalties provisions applicable for Tax Year 2026-27 and onwards.