Section 78. Initiation of recovery proceedings.-
Any amount payable by a taxable person in pursuance of
an order passed under this Act shall be paid by such person within a period of
three months from the date of service of such order failing which recovery
proceedings shall be initiated:
Provided that where the proper officer considers it
expedient in the interest of revenue, he may, for reasons to be recorded in
writing, require the said taxable person to make such payment within such
period less than a period of three months as may be specified by him.
