Amendment status not verified — confirm the current text below against the official source.
Penalty for non-payment of tax.- If an enrolled person or a registered employer fails1[XXX]1 to make payment of any amount of tax within the required time or date as specified in the notice of demand the assessing authority may, after giving him a reasonable opportunity of making representation, impose upon him a penalty 2[equal to ten percent]2 of the amount of tax due. This penalty shall be in addition to the interest payable under sub- section (2) or (3) of section 11.