Payment of tax in instalments may be allowed with interest and prescribed conditions; default accelerates full outstanding recovery. The Commissioner may extend time for payment or allow payment of any amount due under the Act in monthly instalments, subject to interest under section 50 and prescribed conditions, excluding amounts self-assessed in any return; default of any instalment makes the whole outstanding balance immediately due and liable for recovery 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 may be allowed with interest and prescribed conditions; default accelerates full outstanding recovery.
The Commissioner may extend time for payment or allow payment of any amount due under the Act in monthly instalments, subject to interest under section 50 and prescribed conditions, excluding amounts self-assessed in any return; default of any instalment makes the whole outstanding balance immediately due and liable for recovery without further notice.
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