Timely Tax Payment u/s 156 Shields Assessee from Penalties, Promoting Prompt Settlement of Tax Liabilities.
X X X X Extracts X X X X
X X X X Extracts X X X X
....ASSESSEE MAKING PAYMENT WITHIN PERMISSIBLE TIME UPON RECEIVING NOTICE UNDER SECTION 156 PENALTY CANNOT BE IMPOSED. - Article....
TaxTMI