Notice of demand under Chapter VIII of the Finance Act, 2016

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....……………. Status …………………. PAN …………………. 1. This is to give you notice that for the financial year ……………… a sum of Rs. ………… details of which are given on the reverse, has been determined to be payabl....

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....nt of the tax within the period specified above, penalty (which may be as much as the amount of levy in arrear) may be imposed upon you after giving you a reasonable opportunity of being heard in accordance with section 221 of the Income-tax Act, 1961 read with section 178 of the Finance Act, 2016, 5. If you do not pay the amount within the period specified above, proceedings for the recovery the....

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.... as prescribed in 2[rule 9 of the Equalisation Rules, 2016]. Place ………….. Date …………… …………………….. Assessing Officer …………………….. Address Notes: 1. Delete inappropriate paragraphs and words. 2. If you wish to pay the amo....