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of <h1>Payment Demand Notice: Pay Within 30 Days or Face Default; Assessing Officer May Modify Terms Under Section 220.</h1> Any amount specified in a notice of demand, excluding advance tax, must be paid within thirty days to the Central Government. If deemed detrimental to revenue interests, the Assessing Officer, with Joint Commissioner's approval, may reduce this period. The Officer can extend payment time or allow installments upon the assessee's request, subject to conditions. Failure to pay within the allowed or extended period results in default status. Default in installment payments also leads to default status for the entire outstanding amount. The Assessing Officer can recover defaulted amounts using methods in section 220, unless a certificate is issued by the Tax Recovery Officer under section 219.
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