April 16, 2026
Submitted By: Shweta Verma
Form 151 – Notice of demand under section 289 of the Act for payment of advance tax under section 407(2) or 407(5) of the Act
Form No. 151 is prescribed for issuing a notice of demand under section 289 of the Act requiring an assessee to pay advance tax in accordance with section 407(2) or section 407(5) of the Act, where the assessee is liable to pay advance tax on estimated income for the relevant tax year.
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