Rounding of tax to nearest rupee: fractional paise at or above midpoint rounded up, otherwise ignored. Amounts of tax, interest, penalty, fine, refund or any other sum payable or due under the Act shall be rounded to the nearest rupee; fractional paise at ... Summary
Rounding of tax to nearest rupee: fractional paise at or above midpoint rounded up, otherwise ignored.
Amounts of tax, interest, penalty, fine, refund or any other sum payable or due under the Act shall be rounded to the nearest rupee; fractional paise at or above the midpoint are increased to the next rupee, and fractional paise below the midpoint are ignored.
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