Tax payment obligation remains: assessed wealth-tax must be paid despite a pending reference or appeal challenging the assessment. Wealth-tax shall be payable in accordance with the assessment even where a reference has been made or an appeal instituted to a higher forum, so that initiation of a reference or appeal does not suspend the obligation to pay the assessed wealth-tax.
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.
Tax payment obligation remains: assessed wealth-tax must be paid despite a pending reference or appeal challenging the assessment.
Wealth-tax shall be payable in accordance with the assessment even where a reference has been made or an appeal instituted to a higher forum, so that initiation of a reference or appeal does not suspend the obligation to pay the assessed wealth-tax.
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