Section 211

Instalments of advance tax and due dates

When due date falls on a bank holiday - If the last day for payment of any instalments of advance tax is a day on which the receiving bank is closed due to the day being a holiday, the assessee can make the payment on the next immediately following working day, and in such cases, the mandatory interest leviable under sections 234B and 234C would not be chargedóCircular : No. 676, dated 14-1-1994.