Processing of statement.

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..... djustment for any arithmetical error in the statement; (b) the interest, if any, shall be computed on the basis of 2 [ sum deductible or payable, as the case may be, ] as computed in the statement; (c) the sum payable by, or the amount of refund due to, the 1 [ assessee or e-commerce operator ] shall be determined after adjustment of the amount computed under clause (b) against any amo .....

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..... y make a scheme for centralised processing of such statements to expeditiously determine the tax payable by, or the refund due to, the 5 [ assessee or ecommerce operator ] as required under that sub-section. ************* NOTES:- 1. Substituted vide Finance Act, 2020 dated 27-03-2020 before it was read as assessee 2. Substituted vide Finance Act, 2020 dated 27-03- .....

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