Payment of tax in instalments permitted with interest and conditions; default accelerates full balance and recovery. The Commissioner may, on application and for reasons recorded in writing, extend time or allow payment of amounts due by monthly instalments subject to interest under section 50 and prescribed conditions; this relief excludes self-assessed liabilities in returns, and default of any instalment makes the whole outstanding balance immediately due and recoverable without further notice.
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 of tax in instalments permitted with interest and conditions; default accelerates full balance and recovery.
The Commissioner may, on application and for reasons recorded in writing, extend time or allow payment of amounts due by monthly instalments subject to interest under section 50 and prescribed conditions; this relief excludes self-assessed liabilities in returns, and default of any instalment makes the whole outstanding balance immediately due and recoverable without further notice.
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