Section 415 — Stay of proceedings in pursuance of certificate and amendment or cancella-tion thereof

(1) The Tax Recovery Officer may grant time for the payment of any tax and,
till the expiry of such time, shall stay the recovery proceedings for such tax.
(2) Where a certificate has been drawn up and subsequently, the amount of the
outstanding demand is reduced 56 as a result of the order giving rise to the said
demand, being modified in an appeal or other proceeding under this Act, the Tax
Recovery Officer shall—
( a) if the order is the subject-matter of further proceeding under this Act,
stay the recovery of such part of the amount specified in the certificate
as pertains to the said reduction for the period for which the appeal or
other proceeding remains pending; or
( b) if the order which was the subject-matter of such appeal or other pro -
ceeding has become final and conclusive, amend the certificate, or cancel
it.

Related sections

Section 390 — Deduction or collection at source and advance payment
Section 391 — Direct payment
Section 392 — Salary and accumulated balance due to an employee
Section 393 — Tax to be deducted at source
Section 394 — Collection of tax at source
Section 395 — Certificates
Section 396 — Tax deducted is income received
Section 397 — Compliance and reporting
Section 398 — Consequences of failure to deduct or pay or, collect or pay
Section 399 — Processing
Section 400 — Power of Central Government to relax provisions of this Chapter
Section 401 — Bar against direct demand on assessee
Section 402 — Interpretation
Section 403 — Liability for payment of advance tax
Section 404 — Conditions of liability to pay advance tax
Section 405 — Computation of advance tax
Section 406 — Payment of advance tax by assessee on his own accord
Section 407 — Payment of advance tax by assessee in pursuance of order of Assessing Officer
Section 408 — Instalments of advance tax and due dates
Section 409 — When assessee is deemed to be in default
Section 410 — Credit for advance tax
Section 411 — When tax payable and when assessee deemed in default
Section 412 — Penalty payable when tax in default
Section 413 — Certificate by Tax Recovery Officer and validity thereof
Section 414 — Tax Recovery Officer by whom recovery is to be effected
Section 416 — Other modes of recovery
Section 417 — Recovery through State Government
Section 418 — Recovery of tax in pursuance of agreements with foreign countries
Section 419 — Recovery of penalties, fine, interest and other sums
Section 420 — Tax clearance certificate
Section 421 — Recovery by suit or under other law not affected
Section 422 — Recovery of tax arrear in respect of non-resident from his assets
Section 423 — Interest for defaults in furnishing return of income
Section 424 — Interest for defaults in payment of advance tax
Section 425 — Interest for deferment of advance tax
Section 426 — Interest on excess refund
Section 427 — Fee for default in furnishing statements
Section 428 — Fee for default in furnishing return of income, audited accounts and reports
Section 429 — Fee for default relating to statement or certificate
Section 430 — Fee for default relating to intimation of Aadhaar number