https://www.taxtmi.com/acts?id=11870 Amounts specified in a notice of demand must be paid within thirty days; the period may be reduced only with prior approval of the Joint Commissioner. If unpaid after the specified period, the assessee is liable for simple interest calculated monthly from the day after the period ends until payment, and interest is adjusted upward or downward to reflect any rectification, revision or appellate order that changes the underlying amount. en-us Fri, 17 Sep 2010 11:38:56 +0530 Fri, 17 Sep 2010 11:38:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11870 Amounts specified in a notice of demand must be paid within thirty days; the period may be reduced only with prior approval of the Joint Commissioner. If unpaid after the specified period, the assessee is liable for simple interest calculated monthly from the day after the period ends until payment, and interest is adjusted upward or downward to reflect any rectification, revision or appellate order that changes the underlying amount. Act-Rules Bills Fri, 17 Sep 2010 11:38:56 +0530 https://www.taxtmi.com/acts?id=11870