(1) Subject to the provisions of this section, except as provided in sub-section (2), payment of advance tax on income by the taxpayer in every current financial year if his total income in the last assessed income year exceeds Tk. 06 (six) lakhs. shall be paid and in this case it shall be mentioned as “advance tax”.

(2) Nothing in sub-section (1) shall apply to a taxpayer, if-

(a) the taxpayer earns not more than Tk. 8 (eight) lakhs from the cultivation of land only;

(b) The total income referred to in sub-section (1) includes the following income, namely:-

(i) “Capital Income”; or

(ii) “One-time Income” any income one time in nature which is not expected to be earned in the current financial year in which advance tax is payable under this section;