Amendment status not verified — confirm the current text below against the official source.
(1) The designated authority shall verify the correctness of the particulars furnished in the application made under section 9 with reference to all relevant records and determine the amount payable at such rates and in such manner, as specified in section 11 read with section 9. (2) The designated authority shall demand the amount short paid by the applicant with reference to the amount in sub-sections (1), (2) and (3) of section 9 in such form and manner as may be prescribed. (3) The demand under sub-section (2) shall be paid by the applicant within sixty days of receipt of the form referred to in sub-section (2), failing which such short paid amount shall be recalculated by way of a reduction in the amount waived, in such manner as may be notified by the Government. (4) The amount determined under the provisions of this section shall be rounded off to the nearest rupee and, for this purpose, where such amount contains a part of a rupee, and, if such part is fifty paise or more, it shall be rounded off to the nearest rupee, and if such part is less than fifty paise, it shall be ignored.