https://www.taxtmi.com/acts?id=21566 Provisional assessment permits a taxable person unable to determine value or tax rate to request provisional payment; the proper officer may allow provisional tax payment at a specified rate or value. Provisional payment requires execution of a prescribed bond with surety or security, binding the taxable person to pay any difference between provisional and final tax. The proper officer must pass a final assessment within six months, subject to extensions, and interest applies to additional tax from the original due date until payment; refunds from final assessment attract interest as provided. en-us Wed, 15 Jun 2016 14:52:11 +0530 Wed, 15 Jun 2016 14:52:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21566 Provisional assessment permits a taxable person unable to determine value or tax rate to request provisional payment; the proper officer may allow provisional tax payment at a specified rate or value. Provisional payment requires execution of a prescribed bond with surety or security, binding the taxable person to pay any difference between provisional and final tax. The proper officer must pass a final assessment within six months, subject to extensions, and interest applies to additional tax from the original due date until payment; refunds from final assessment attract interest as provided. Act-Rules Bills Wed, 15 Jun 2016 14:52:11 +0530 https://www.taxtmi.com/acts?id=21566