Rounding off of tax bases, tax, etc.
271. (1) The amount of tax base computed in accordance with the foregoing provisions of this Code shall be rounded off to the nearest multiple of hundred rupees.
(2) Any amount payable, or receivable, by the assessee under the provisions of this Code shall be rounded off to the nearest multiple of ten rupees.
(3) The Board may prescribe the method of rounding off under sub-section (1) or subsection (2).
