Amendment status not verified — confirm the current text below against the official source.
lf any assesseb fails without reasonable cause; to makc payment of any Ezi:znt amount of tax within the l imc specified in thc notice of demand, the assssrlng eCtm. authority may, after giving him a reasonable opportunity of making his represatat ion, impose upon him a penalty which shall not be less than twenty-five percentum but not exceeding fifty percent urn of the amount of tax due and the pendty so imposed shell be in addition to the interest pay able under subsection (2) or sub-section (3) of relion 11.