https://www.taxtmi.com/notifications?id=143270 The regulations require the Secretary to issue a demand notice with the Commission's penalty order and a prescribed payment period, payment by challan to the Pay & Accounts Officer, and entry of receipts in a penalty recovery register. The Commission may grant extensions or installments; defaults render the payer in default. Interest accrues on outstanding penalties, subject to reduction or waiver and adjustment after appellate orders. On continued default the Commission issues a recovery certificate executed by a recovery officer authorising recovery measures including requiring third parties or legal heirs to pay, attachment and sale of property under the Income-tax Act procedures, and reference to the Income-tax authority for recovery as tax due. en-us Tue, 25 Feb 2025 00:00:00 +0530 Mon, 03 Mar 2025 18:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=143270 The regulations require the Secretary to issue a demand notice with the Commission's penalty order and a prescribed payment period, payment by challan to the Pay & Accounts Officer, and entry of receipts in a penalty recovery register. The Commission may grant extensions or installments; defaults render the payer in default. Interest accrues on outstanding penalties, subject to reduction or waiver and adjustment after appellate orders. On continued default the Commission issues a recovery certificate executed by a recovery officer authorising recovery measures including requiring third parties or legal heirs to pay, attachment and sale of property under the Income-tax Act procedures, and reference to the Income-tax authority for recovery as tax due. Notifications Law of Competition Tue, 25 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/notifications?id=143270