Amendment status not verified — confirm the current text below against the official source.
(1) If any person on being served with such " notice as may be prescribed fails to pay within the period specified in the notice any amount due from him on ac- count of the tax, the prescribed authority may recover from him as penalty a sum not exceeding one-fourth of the amount of the tax so unpaid, in addition to the amount of the tax payable by him. (2) No such penalty shall be imposed unless the pres- cribed “authority is satisfied that the person liable to pay the tax has wilfully failed to pay the same.