https://www.taxtmi.com/acts?id=40519 A new provision mandates that where a demand for tax, interest, penalty, fine or other sum is reduced by an insolvency adjudicating authority's order, the Assessing Officer must modify the demand to conform with that order and serve a fresh notice specifying any sum payable, which will be deemed an original notice of demand; if that order is later modified on appeal, the Assessing Officer must revise the modified notice accordingly. en-us Tue, 01 Feb 2022 15:55:17 +0530 Fri, 04 Feb 2022 18:25:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40519 A new provision mandates that where a demand for tax, interest, penalty, fine or other sum is reduced by an insolvency adjudicating authority's order, the Assessing Officer must modify the demand to conform with that order and serve a fresh notice specifying any sum payable, which will be deemed an original notice of demand; if that order is later modified on appeal, the Assessing Officer must revise the modified notice accordingly. Act-Rules Bills Tue, 01 Feb 2022 15:55:17 +0530 https://www.taxtmi.com/acts?id=40519