Notice of demand under tax recovery requires payment within the statutory period or statutory recovery and interest follow. The notice functions as a demand under the income-tax recovery provisions directing payment of specified arrears within a short statutory period and warning that non-payment will prompt recovery under the statutory recovery framework and rules. It also stipulates continuing monetary consequences: prescribed interest from the date the notice is issued and liability for costs, charges and expenses incurred in issuing the notice and in executing warrants and other recovery processes, and requires an itemised statement of arrears components and a consolidated total.
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.
Notice of demand under tax recovery requires payment within the statutory period or statutory recovery and interest follow.
The notice functions as a demand under the income-tax recovery provisions directing payment of specified arrears within a short statutory period and warning that non-payment will prompt recovery under the statutory recovery framework and rules. It also stipulates continuing monetary consequences: prescribed interest from the date the notice is issued and liability for costs, charges and expenses incurred in issuing the notice and in executing warrants and other recovery processes, and requires an itemised statement of arrears components and a consolidated total.
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