https://www.taxtmi.com/news?id=72006 Notice of demand in Form 103 is issued by the Assessing Officer under section 289 of the Income-tax Act, 2025 read with Rule 179 of the Income-tax Rules, 2026 to communicate tax, interest, penalty or other sums payable for a tax year or block period. The demand is ordinarily payable within 30 days from service of the notice, though the Assessing Officer may alter the due date; any shortening requires prior approval of the Joint Commissioner. The assessee may pay through prescribed modes or seek extension or instalments before expiry of the payment period. en-us Mon, 30 Mar 2026 18:46:27 +0530 Mon, 30 Mar 2026 18:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72006 Notice of demand in Form 103 is issued by the Assessing Officer under section 289 of the Income-tax Act, 2025 read with Rule 179 of the Income-tax Rules, 2026 to communicate tax, interest, penalty or other sums payable for a tax year or block period. The demand is ordinarily payable within 30 days from service of the notice, though the Assessing Officer may alter the due date; any shortening requires prior approval of the Joint Commissioner. The assessee may pay through prescribed modes or seek extension or instalments before expiry of the payment period. News - Mon, 30 Mar 2026 18:46:27 +0530 https://www.taxtmi.com/news?id=72006