Computation of interest under section 201(1A) - what is the ...

Clarifying "Every Month or Part Thereof" in Section 201(1A) of the Income Tax Act for Interest Calculation.

October 15, 2015

Case Laws Income Tax AT

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. - AT

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Computation of interest under section 201(1A) - what is the ...

Clarifying "Every Month or Part Thereof" in Section 201(1A) of the Income Tax Act for Interest Calculation.

October 15, 2015

Case Laws Income Tax AT

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