https://www.taxtmi.com/article/detailed?id=13736 The Regulations establish a recovery sequence: demand notice with 60-day payment period; payment by challan and recordal in the Penalty Recovery Register; applications for extension or instalments before due date with default consequences; 1% per month simple interest on outstanding amounts subject to reduction or waiver; issuance of a recovery certificate with 15 days to pay if default persists; empowerment of authorised Recovery Officers to serve notices, maintain registers, and pursue recovery by requiring payment from debtors, third parties, or legal heirs, attachment and sale of movable and immovable property, or referral to Income-tax authorities which defers Commission recovery proceedings. en-us Fri, 07 Mar 2025 08:43:10 +0530 Fri, 07 Mar 2025 08:43:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13736 The Regulations establish a recovery sequence: demand notice with 60-day payment period; payment by challan and recordal in the Penalty Recovery Register; applications for extension or instalments before due date with default consequences; 1% per month simple interest on outstanding amounts subject to reduction or waiver; issuance of a recovery certificate with 15 days to pay if default persists; empowerment of authorised Recovery Officers to serve notices, maintain registers, and pursue recovery by requiring payment from debtors, third parties, or legal heirs, attachment and sale of movable and immovable property, or referral to Income-tax authorities which defers Commission recovery proceedings. Articles Other Topics Fri, 07 Mar 2025 08:43:10 +0530 https://www.taxtmi.com/article/detailed?id=13736