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Computation of interest under section 201(1A) - what is the connotation of every month or part thereof appearing in Section 201(1A)- A month as per the British calendar and a month reckoned (emphasis supplied by me) as per British calendar are not the same thing and cannot be used interchangeably. - Tri

Income Tax - Computation of interest under section 201(1A) - what is the connotation of ‘every month or part thereof’ appearing in Section 201(1A)- “A month as per the British calendar” and “a month r .....

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