https://www.taxtmi.com/forms?id=595 A notice of demand under section 30 requires payment of a determined sum to an authorised bank within thirty days (or a shorter period with Deputy Commissioner approval) with an enclosed challan; default triggers simple interest per section 31(2), possible penalty after hearing, recovery proceedings under Income-tax Act provisions read with section 32 of the Wealth-tax Act, and designated appeal routes to the Deputy Commissioner (Appeals)/Commissioner of Wealth-tax (Appeals) within thirty days and to the Appellate Tribunal against penalties within sixty days. en-us Sun, 20 Jan 2008 18:59:00 +0530 Wed, 11 Feb 2026 15:56:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forms?id=595 A notice of demand under section 30 requires payment of a determined sum to an authorised bank within thirty days (or a shorter period with Deputy Commissioner approval) with an enclosed challan; default triggers simple interest per section 31(2), possible penalty after hearing, recovery proceedings under Income-tax Act provisions read with section 32 of the Wealth-tax Act, and designated appeal routes to the Deputy Commissioner (Appeals)/Commissioner of Wealth-tax (Appeals) within thirty days and to the Appellate Tribunal against penalties within sixty days. Forms Wealth-tax Sun, 20 Jan 2008 18:59:00 +0530 https://www.taxtmi.com/forms?id=595