20. Notice of demand
When any tax, interest, penalty or any other sum is payable under this Act, the Assessing Officer shall serve upon the assessee a notice of demand in the prescribed form, specifying the sum so payable and the amount of chargeable expenditure in relation to which such sum is payable.
Amendment notes (1)
- Subs w.e.f. 1-4-1988 . Subs. by Act 26 of 1988, s. 72, for “Income-tax Officer” (w.e.f. 1-4-1988).