Income Tax Act, 2025
Section 2: Ins. by Act 19 of 1978, s. 19 (w.e.f. 11974).
2. Ins. by Act 19 of 1978, s. 19 (w.e.f. 11974).
605
156. Notice of demand.—When any tax, interest, penalty, fine or any other sum1*** is payable in
consequence of any order passed under this Act, the 2[Assessing Officer] shall serve upon the assessee a
notice of demand in the prescribed formspecifying the sum so payable:
3[Provided that where any sum is determined to be payable by the assessee or4[the deductor or the
collector under sub-section (1) of section 143 or sub-section (1) of section 200A or sub-section (1)
of section 206CB], the intimation under those sub-sections shall be deemed to be a notice of demand for
the purposes of this section.]
157. Intimation of loss.—When, in the course of the assessment of the total income of any assessee,
it is established that a loss has taken place which the assessee is entitled to have carried forward and set
off under the provisions of sub-section (1) of section 72, sub-section (2) of section 73, 5[ 6[sub-section (1)
or sub-section (3) of section 74] or sub-section (3) of section 74A], the 2[Assessing Officer] shall notify to
the assessee by an order in writing the amount of the loss as computed by him for the purposes of
sub-section (1) of section 72, sub-section (2) of section 73, 5[6[sub-section (1) or sub-section (3) of
section 74] or sub-section (3) of section 74A].
158. Intimation of assessment of firm.—7[Whenever, in respect of the assessment year commencing
on the 1st day of April, 1992, or any earlier assessment year, a registered firm is assessed], or an
unregistered firm is assessed under the provisions of clause (b) of section 183, the 2[Assessing Officer]
shall notify to the firm by an order in writing the amount of its total income assessed and the
apportionment thereof between the several partners.
8[CHAPTER XIVA
SPECIAL PROVISION FOR AVOIDING REPETITIVE APPEALS
158A. Procedure when assessee claims identical question of law is pending before High Court or
Supreme Court.—(1) Notwithstanding anything contained in this Act, where an assessee claims that any
question of law arising in his case for an assessment year which is pending before the 2[Assessing
Officer] or any appellate authority (such case being hereafter in this section referred to as the relevant
case) is identical with a question of law arising in his case for another assessment year which is pending
before the High Court on a reference under section 256 or 9[before the Supreme Court on a reference
under section 257 or in appeal under section 260A before the High Court or in appeal under
section 261 before the Supreme Court] (such case being hereafter in this section referred to as the other
case), he may furnish to the 2[Assessing Officer] or the appellate authority, as the case may be, a
declaration in the prescribed form and verifiedin the prescribed manner, that if the 2[Assessing Officer] or
the appellate authority, as the case may be, agrees to apply in the relevant case the final decision on the
question of law in the other case, he shall not raise such question of law in the relevant case in appeal
before any appellate authority or 10[in appeal before the High Court under section 260A or in appeal
before the Supreme Court under section 261].
1. The brackets, words, figures and letter “(including annuity deposit referred to in Chapter XXII-A)” omitted by Act 13 of
1966, s. 32 and The Third Schedule (w.e.f. 11967).
of section 143 or sub-section
of section 200A or sub-section
of section 206CB], the intimation under those sub-sections shall be deemed to be a notice of demand for
the purposes of this section.]
157. Intimation of loss.—When, in the course of the assessment of the total income of any assessee,
it is established that a loss has taken place which the assessee is entitled to have carried forward and set
off under the provisions of sub-section
of section 72, sub-section
of section 73, 5[ 6[sub-section
or sub-section
of section 74] or sub-section
of section 74A], the 2[Assessing Officer] shall notify to
the assessee by an order in writing the amount of the loss as computed by him for the purposes of
sub-section
of section 72, sub-section
of section 73, 5[6[sub-section
or sub-section
of
section 74] or sub-section
of section 74A].
158. Intimation of assessment of firm.—7[Whenever, in respect of the assessment year commencing
on the 1st day of April, 1992, or any earlier assessment year, a registered firm is assessed], or an
unregistered firm is assessed under the provisions of clause
of section 183, the 2[Assessing Officer]
shall notify to the firm by an order in writing the amount of its total income assessed and the
apportionment thereof between the several partners.
8[CHAPTER XIVA
SPECIAL PROVISION FOR AVOIDING REPETITIVE APPEALS
158A. Procedure when assessee claims identical question of law is pending before High Court or
Supreme Court.—
Notwithstanding anything contained in this Act, where an assessee claims that any
question of law arising in his case for an assessment year which is pending before the 2[Assessing
Officer] or any appellate authority (such case being hereafter in this section referred to as the relevant
case) is identical with a question of law arising in his case for another assessment year which is pending
before the High Court on a reference under section 256 or 9[before the Supreme Court on a reference
under section 257 or in appeal under section 260A before the High Court or in appeal under
section 261 before the Supreme Court] (such case being hereafter in this section referred to as the other
case), he may furnish to the 2[Assessing Officer] or the appellate authority, as the case may be, a
declaration in the prescribed form and verifiedin the prescribed manner, that if the 2[Assessing Officer] or
the appellate authority, as the case may be, agrees to apply in the relevant case the final decision on the
question of law in the other case, he shall not raise such question of law in the relevant case in appeal
before any appellate authority or 10[in appeal before the High Court under section 260A or in appeal
before the Supreme Court under section 261].
1. The brackets, words, figures and letter “(including annuity deposit referred to in Chapter XXII-A)” omitted by Act 13 of
1966, s. 32 and The Third Schedule (w.e.f. 11967).