Income-tax amendment clarifies "tax due" includes penalties, interest and other sums payable under the Act. Amendment to section 179 inserts an Explanation clarifying that the expression "tax due" includes penalty, interest or any other sum payable under the ... Summary
Income-tax amendment clarifies "tax due" includes penalties, interest and other sums payable under the Act.
Amendment to section 179 inserts an Explanation clarifying that the expression "tax due" includes penalty, interest or any other sum payable under the Act, effective from 1 June 2013.
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