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Interest payable for non-payment of tax by trust or institution.

Interest payable for non-payment of tax by trust or institution. - Section 115TE - SPECIAL PROVISIONS RELATING TO TAX ON ACCRETED INCOME OF CERTAIN TRUSTS AND INSTITUTIONS - Income Tax - Section 115TE - 1[Interest payable for non-payment of tax by trust or institution. 115TE. Where the principal officer or the trustee of the trust or the institution and the trust or the institution fails to pay the whole or any part of the tax on the accreted income referred to in sub-section (1) of section 115T .....

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