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NOTICE OF DEMAND UNDER SECTION 156

Income Tax - Return of Income and Assessment Procedure - 31 - When any tax, interest, penalty, fine or any other sum is payable in consequence of any order passed under the Income-tax Act, the Assessing Officer shall serve upon the assessee a notice .....

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he purpose of section 156. Further as per section 220(1) the amount specified in notice of demand should be paid within 30 days of the service of notice at the place and to the person mentioned in the notice. However, the Assessing Officer in some ca .....

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