Initiation of recovery proceedings: non-payment within prescribed period triggers recovery; officer may shorten the period for revenue protection. A taxable person must pay any amount determined by an order within the prescribed period from service, failing which recovery proceedings are initiated; ... Summary
Initiation of recovery proceedings: non-payment within prescribed period triggers recovery; officer may shorten the period for revenue protection.
A taxable person must pay any amount determined by an order within the prescribed period from service, failing which recovery proceedings are initiated; the proper officer may, for reasons recorded in writing and in the interest of revenue, require payment within a shorter period.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.