Section 156 Income Tax Act
( Section 156 Income Tax Act explains Notice of demand )
Notice of demand 81.
156. When any tax, interest, penalty, fine or any other sum 83[***] is payable in consequence of any order passed under this Act, the 84[Assessing] Officer shall serve upon the assessee a notice of demand in the prescribed form86 specifying the sum so payable :
87[Provided that where any sum is determined to be payable by the assessee or 88[the deductor or the collector under sub-section (1) of section 143 or sub-section (1) of section 200A or sub-section (1) of section 206CB], the intimation under those sub-sections shall be deemed to be a notice of demand for the purposes of this section.]
Note :
88. Substituted for “by the deductor under sub-section (1) of section 143 or sub-section (1) of section 200A” by the Finance Act, 2015, w.e.f. 1-6-2015.
87. Substituted by the Finance Act, 2012, w.e.f. 1-7-2012. Prior to its substitution, proviso as inserted by the Finance Act, 2008, w.e.f. 1-4-2008, read as under :
“Provided that where any sum is determined to be payable by the assessee under sub-section (1) of section 143, the intimation under that sub-section shall be deemed to be a notice of demand for the purposes of this section.”
86. See rule 15 and Form No. 7 for notice of demand. See rule 38 and Form No. 28 for notice of demand of advance tax.
84. Substituted for “Income-tax” by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988.
83. “(including annuity deposit referred to in Chapter XXII-A)” omitted by the Finance Act, 1966, w.e.f. 1-4-1967. Originally, the said expression was inserted by the Finance Act, 1964, w.e.f. 1-4-1964.
81. See rule 125 of Income Tax Rules for Electronic payment of tax