https://www.taxtmi.com/news?id=72161 Form 151 is the prescribed notice of demand for requiring payment of advance tax where an assessee is liable to pay advance tax on estimated income for the relevant tax year. It is issued by the assessing officer on the basis of the officer's computation of estimated income subject to advance tax and the advance tax payable, and it informs the assessee of the demand and the instalments and due dates for payment. The form must also set out the assessee's particulars, the statutory basis, the tax year, and the amount payable. en-us Fri, 03 Apr 2026 12:21:38 +0530 Fri, 03 Apr 2026 12:21:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72161 Form 151 is the prescribed notice of demand for requiring payment of advance tax where an assessee is liable to pay advance tax on estimated income for the relevant tax year. It is issued by the assessing officer on the basis of the officer's computation of estimated income subject to advance tax and the advance tax payable, and it informs the assessee of the demand and the instalments and due dates for payment. The form must also set out the assessee's particulars, the statutory basis, the tax year, and the amount payable. News - Fri, 03 Apr 2026 12:21:38 +0530 https://www.taxtmi.com/news?id=72161