Payment after notice ends penalty exposure and concludes recovery proceedings if made within the prescribed period. If a noticee pays the tax along with interest within the prescribed short period after issuance of a notice under the notice-stage recovery provision, no penalty is payable and all proceedings in respect of that notice are deemed concluded.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Payment after notice ends penalty exposure and concludes recovery proceedings if made within the prescribed period.
If a noticee pays the tax along with interest within the prescribed short period after issuance of a notice under the notice-stage recovery provision, no penalty is payable and all proceedings in respect of that notice are deemed concluded.
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