156. When any tax, interest, penalty, fine or any other sum 97[***] is payable in consequence of any order passed under this Act, the 98[Assessing] Officer shall99 serve upon the assessee a notice of demand in the prescribed form1 specifying the sum so payable.
96. For a departmental instruction, see Taxmann’s Master Guide to Income-tax Act.
97. "(including annuity deposit referred to in Chapter XXII-A)" omitted by the Finance Act, 1966, w.e.f. 1-4-1967. Originally, the said expression was inserted by the Finance Act, 1964, w.e.f. 1-4-1964.
98. Substituted for "Income-tax" by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988.
99. For the meaning of the word "shall", see Taxmann’s Direct Taxes Manual, Vol. 3.
1.See rule 15 and Form No. 7 for notice of demand. Seerule 38 and Form No. 28 for notice of demand of advance tax.