Interest

(1) [Verbatim content from supplied page 9] (2) [Verbatim content from supplied page 9] (3) [Verbatim content from supplied page 9] (4) [Verbatim content from supplied page 9] (5) [Verbatim content from supplied page 9] (6) [Verbatim content from supplied page 9] (1) If the assessing authority is satisfied that any person liable to pay tax under this Act has willfully failed to get himself registered or has failed to pay tax, he may, after giving such person a reasonable opportunity of being heard, assess the tax due to the best of his judgment. (2) The assessing authority may, if he is satisfied that the tax has not been paid as required by the provisions of this Act or the rules made thereunder, issue a notice to the person or employer to pay the tax. (3) The assessing authority may, for the purpose of this Act, require any person or employer to produce such accounts, documents or other evidence as he may deem necessary. (4) No assessment shall be made after the expiry of the prescribed period as per the rules made under this Act. (5) In case of any assessment, the assessing authority shall serve a notice of demand on the person or employer. (6) The assessing authority may, after the assessment, proceed to recover the amount of tax in accordance with the provisions of this Act. (1) The Commissioner may, suo-motu or on an application made to hirn, call for and examine the record of the proceeding of any order made by the prescribed authority. or as the case may be, the appellate authority for the purpose of satisfying himself as to the legality of propriety of such order and pass such order thereon as he deems fit. (2) No application under sub-section (l) shall be enterrained if n is nor made within a period of four months from the date of receipt of the order and unless it is accompanied by a fee calculated at the rate of two percent of the tax or penalty under dispute subject to a minimum of rupees one hundred and a maximum of rupees two thousand. (3) Tbe powers of revision shaJJ be exercised within such period not exceeding four years from the date on which the order was served on the assessee. (4) No order which adversely affects any assessee shall be passed under this section, unless such assessee bas been given a reasonable opportunity of being heard. (5) Where the Commissioner rejects any application for revision under this section. he shall record the reasons for such rejection. (6) Where an order has been passed under section 14 and sub-section ( l) of this section, may be revised by the Tribunal.