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of <h1>Notice of Demand for Advance Tax Payment Under Section 156, Pay by December 15 and March 15 to Avoid Interest</h1> This document is a notice of demand under Section 156 of the Income-tax Act, 1961, requiring payment of advance tax as per Section 210(3) or (4). The recipient must pay the specified amount in two installments by December 15 and March 15. If the estimated income is lower than assessed, the recipient can submit a revised estimate using Form 28A. Failure to pay the required tax or paying less than 90% of the assessed tax incurs interest under Sections 234B and 234C. The notice includes detailed calculations of income, deductions, and the net tax payable.
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