Interest on Delayed TDS Payments: "Month" Means 30 Days, Not Calendar Month, Per Section 3(35) General Clauses Act.

Delay in remittance of TDS - method and manner of calculation of interest - the term ‘month’ must be given the ordinary sense of the term i.e. 30 days of period and not the British calendar month as defined u/s 3(35) of the General Clauses Act .....

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