Self-assessment obligation requires payment of tax and interest before filing return, with allocation to interest first. Requires the assessee to pay tax determined from a return or specified notices, together with interest for delay, before furnishing the return and to provide proof of payment; shortfalls are applied first to interest then to tax; payments made under this provision are deemed paid towards any subsequent regular assessment; failure to pay any part of tax or interest renders the assessee deemed in default and subject to all consequential provisions of the Act.
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.
Self-assessment obligation requires payment of tax and interest before filing return, with allocation to interest first.
Requires the assessee to pay tax determined from a return or specified notices, together with interest for delay, before furnishing the return and to provide proof of payment; shortfalls are applied first to interest then to tax; payments made under this provision are deemed paid towards any subsequent regular assessment; failure to pay any part of tax or interest renders the assessee deemed in default and subject to all consequential provisions of the Act.
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