Amendment status not verified — confirm the current text below against the official source.
(1) Notwithstanding anythingcontaincd in any law or contract to the contrruy, of-very. the assessing authority may, by notice in writing, a copy of which shall be forwarded to the asscssee at his last address known to the assessing authority, require- (a) "any pcrson from whom any amount of moncy is due, or may bccome due to an assessee on whom notice or demand has been served under this Act ; or (b) any person who holds or may subsequently hold money for or on account of such assessee, to Pay the assessing authority, either rorfhwith upon the money becoming due or being held. or at or within the time specified. in the notice (but not before the money becomes due or is held as aforesaid), so much of the money as is sufficient for payment of the amount due by the asscssee in respect of the arrears of tax, penalty and interest undcr thie Act. or the wl~ole of the money when ~t is equal to or less than that amount. Explanation-For the purpose of rhis sub-section tbe amount of money due to an assessee from, or moncy held for or on account af an assessec by, any person shall be calculated after deducting therefrom such claims, if any, lawfully subhisting, as may have fallen due for payment by such assessee to such pcrson. (2) Thc assessing authority may amcnd or revoke any such notice, or extend the timc rwr making any payment in pursuance of the notice. (3) Any person making any payment in compliance with a notice under this section shaU be deemed to have made the payment under the authority of the assessee and the receipt of the asscssing authority shall constirdtite a &ood and sufficieot discharge of the liability of such a person, to the extent of the amount referred to in the receipt. (4) Any pcrson discharging any liability to the assessec after receipt ofthe notice referred to in this section, shall be personally liable to the assessing authority io the extent of tbe liability discharged, or the extent of the Iiability of the assessee for the amount due under this Act, whichever is less. (5) Where any person to whom a notice under this section is sent proves to the satisfaction of the assessing authority that the sum dcmanded or any part thcreof is not due by him to the assessee or that he does not hold any money for or on account of the assessee then, nothing contained in this seciion shall be dccmcd to require sucb person to pay any such sum or part thcteof, as the case may be to the assessing authority. (6) Any amount of moncy which a person is required to pay to the assessing authority or for whiell hc is personally liable to the &8esaing authority under this section shall, if it remains unpaid, be recoverable as an arrear of land revenue.