Income Tax Demand Notice Section 156 - Meaning, Timeline and Reply
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An income tax demand notice section 156 is the formal demand that follows an assessment order, and it carries a 30-day clock plus interest under section 220(2) once that lapses. Paying it blindly is as risky as ignoring it. AskSolique traces the demand back to the assessment that raised it, surfaces comparable appellate rulings, and produces a reply or rectification request under section 154 with citations attached.