Let us first understand the provisions of section 220(1) relating to payment of tax as per demand notice. Then we will understand the provision for levy of interest in case of non-payment of tax demanded as per demand notice issued under section 156. When a demand notice under section 156 has been issued to the […]
Day: April 9, 2019
When a demand notice is served and an appeal or proceeding is filed or initiated with respect to the amount specified in the notice of demand (by the assessee) then such demand is valid till the appeal is disposed by the appellate authority or disposal of proceedings, and any such notice of demand shall have […]