Amendment status not verified — confirm the current text below against the official source.
Recovery of tax :- (1) The tax payable under this Act shall be paid in the manner herein provided – (a) the tax due according to the returns filed by a proprietor where full payment of such tax has not been made; or (b) tax assessed or reassessed under section 9 or 12 or 13 in pursuance of or as a result of an order on appeal, revision, reference or review, less the sum, if any, already paid by the proprietor; or (c ) penalty and interest, if any, imposed under any of the provision of this Act , shall be paid by the proprietor into a Government Treasury, or in such other manner, as may be prescribed by such date as may be specified in a notice issued by the prescribed authority for this purpose and the date to be so specified shall, ordinarily, not be less than forty five days from the date of service of such notice. Provided that the prescribed authority, in respect of any particular proprietor and for reasons to be recorded in writing, extend the date of such payment, or allow such proprietor to pay the tax or interest or both due and penalty imposed, if any, by installments. Provided further, that where the prescribed authority considers it expedient in the interest of State revenue it may, for the reasons to be recorded in writing, require any proprietor to make payment forthwith. (2) If a proprietor has failed, without reasonable cause, to make payment of any tax or interest or both by the date specified in the notice issued under sub-section (1) or forthwith as required by the second proviso thereto, or in the like manner has failed to make payment of tax or interest or both by the date extended under the first proviso of the said sub-section or has defaulted in payment of instalment the prescribed authority may direct that the proprietor, shall pay, in the prescribed manner by way of penalty for such failure, an amount which may extend to five percentum of the amount of tax or interest or both, for each of the first three months following the expiry of such date and to ten percentum for each subsequent month or part thereof. (3) Any tax or interest or both or penalty imposed under the Act , which remains unpaid after the date specified in the notice issued under sub-section (1) or penalty imposed under sub-section (2) and remaining unpaid shall without prejudice to any other mode of recovery be recoverable as if it were an arrear of land revenue.