Tax Liabilities Require Notice u/s 156; Non-Compliance Leads to Interest on Unpaid Amounts.

Tax Liabilities Require Notice u/s 156; Non-Compliance Leads to Interest on Unpaid Amounts. https://www.taxtmi.com/highlights?id=6096 All tax liability, except advance tax, have been made liable to be followed by a notice under section 156 and only when the assessee fails to comply with the conditions of the notice under section 156 and fails to pay the due amount, then he is liable to pay interest. - HC en-us Thu, 22 Nov 2012 11:08:44 +0530 Thu, 22 Nov 2012 11:08:44 +0530 TaxTMI RSS Generator Tax Liabilities Require Notice u/s 156; Non-Compliance Leads to Interest on Unpaid Amounts. https://www.taxtmi.com/highlights?id=6096 All tax liability, except advance tax, have been made liable to be followed by a notice under section 156 and only when the assessee fails to comply with the conditions of the notice under section 156 and fails to pay the due amount, then he is liable to pay interest. - HC Highlights Income Tax Thu, 22 Nov 2012 11:08:44 +0530 https://www.taxtmi.com/highlights?id=6096