Pre-payment requirement: tax must be paid and proved before filing returns; failure attracts monthly penal recovery after hearing. Where tax is payable on the basis of a return, the assessee must pay such tax before furnishing the return and the return must be accompanied by proof of payment; if the assessee fails to pay, the Income-tax Officer may direct recovery of a monthly penal sum on the unpaid tax for each month of default, subject to a reasonable opportunity of being heard.
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.
Pre-payment requirement: tax must be paid and proved before filing returns; failure attracts monthly penal recovery after hearing.
Where tax is payable on the basis of a return, the assessee must pay such tax before furnishing the return and the return must be accompanied by proof of payment; if the assessee fails to pay, the Income-tax Officer may direct recovery of a monthly penal sum on the unpaid tax for each month of default, subject to a reasonable opportunity of being heard.
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