Penalty under section 221 clarified: 1975 amendment supersedes prior circular; penalty remains exigible if tax paid after due date. The 1975 amendment added an Explanation making penalty under section 221 exigible even if tax is paid after the due date but before penalty levy; the 1963 departmental instruction (Circular No. 18-D) is superseded by that amendment effective October 1, 1975, and commissioners are to notify subordinate officers of this clarification.
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Penalty under section 221 clarified: 1975 amendment supersedes prior circular; penalty remains exigible if tax paid after due date.
The 1975 amendment added an Explanation making penalty under section 221 exigible even if tax is paid after the due date but before penalty levy; the 1963 departmental instruction (Circular No. 18-D) is superseded by that amendment effective October 1, 1975, and commissioners are to notify subordinate officers of this clarification.
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