Tax Demand definition

Tax Demand means any notice, demand, assessment, letter or other document issued (or any return or other document prepared or to be prepared by or on behalf of any Group Company) or other action taken by or on behalf of any person including a Tax Authority indicating that any Group Company or the Buyer has or may have, or will in the future have, a Tax Liability and in respect of which a Tax Claim may be made;

Tax Demand means any Tax Claim under which demand for payment of Tax is made on or adjustment of any Tax refunds claimed by a Person and outstanding as on date of such Tax Claim is demanded from, a Person by any taxing authority (or any combination of the foregoing).

Tax Demand means any:

Examples of Tax Demand in a sentence

• The Collection Fund Adjustment Account records the difference between the amount of council tax income included in the Comprehensive Income and Expenditure Statement and the amount required to be credited to the General Fund by regulation – the Council Tax Demand.

• SAMO shall be liable to indemnify CWC for any Tax Demand and interest and/or penalty thereon arising due to negligence/fault of SAMO.9. Payments made by CWC to SAMO would be subject to Tax Deduction at Source as per the relevant provisions of the Income Tax Act, 1961 and the rules made thereunder.

• SAMO shall be liable to indemnify CWC for any Tax Demand and interest and/or penalty thereon arising due to negligence/fault of SAMO or any cess or levy by any authority in connection with their operations.

• Please let us have your passport or driving licence and a recent gas, electricity, telephone bill, mortgage statement or Council Tax Demand which is not more than 3 months old.

• SAMO shall be liable to indemnify CWC for any Tax Demand and interest and/or penalty thereon arising due to negligence/fault of SAMO or any cess or levy by any authority in connection with its operations.

• Bidder shall be liable to indemnify CWC for any Tax Demand and interest and/or penalty thereon arising due to negligence/fault of Bidder or any cess or levy by any authority in connection with their operations.

• Tax Demand Note issued by Inland Revenue Department; if not available2.

• Income Tax Demand for the Assessment Year 2010-11-Rs.4,56,25, 170/- Income Tax Penalty Demand for the Assessment Year 2007-08 Rs.7,38,960/- Income Tax Demand for the Assessment Year 2007-08 Rs.2,17,260/-The liability on account of non compliance of any of the statutory requirements under any law, to the extent applicable is not ascertainable.

• The following additional obligations apply in respect of Claims arising from or involving a Tax Demand.

• As evidence of your address, we need to see one of the following: latest gas, electricity or telephone bill, Council Tax Demand, Mortgage Statement or Bank, Building Society or Credit Card statement.

More Definitions of Tax Demand

Tax Demand means any Tax Claim under which demand for payment of Tax is made on or adjustment of any Tax refunds claimed by a Person and outstanding as on date of such Tax Claim is demanded from, a Person by any taxing authority (or any combination of the foregoing);

Tax Demand has the meaning given in paragraph 1 of Part 1 of Schedule 5;

Tax Demand has the meaning given to it in clause 5.6(b). Taxing Authority any Governmental Authority having jurisdiction over the assessment, determination, collection, administration or imposition of any Tax.

Tax Demand means (in any jurisdiction): any assessment, notice, letter, determination, demand or other document issued by or on behalf of any Taxation Authority and whether issued or made before or after the date of this Agreement and whether satisfied or not at the date of this Agreement; and any return, amended return, computation, accounts or any other documents required for the purposes of Tax, in any case, from which it appears that: (i) a Tax Liability has been, or may be, imposed on any of the Group Companies; or (ii) an increased or a further payment to a Taxation Authority is required to be made by any of the Group Companies; or (iii) any of the Group Companies is denied or is sought to be denied a Relief;

Tax Demand means any assessment (including a self-assessment), notice, demand, letter or other communication or document issued or action taken by or on behalf of any Tax Authority or the submission of any relevant computation, notice, consent or other document by or on behalf of the Company from which (in either case) it appears that a Tax liability is to be, or may come to be, imposed on the Company and which may give rise to a Tax Claim which could give rise to a liability for a Seller (whether or not the same may be the primary liability of the Company and whether or not it may be entitled to claim reimbursement from any other person or persons); and

Tax Demand means any claim, assessment, self-assessment, notice, demand, letter or other document issued or any action taken by or on behalf of any Tax Authority or by EIPRL whether before or after the date of this Agreement from which it appears that EIPRL is subject to, or is sought to be made subject to, or might become subject to, any Tax Liability or is denied or is sought to be denied any Relief;