Interest payment requirement mandates interest be paid before furnishing quarterly statements under the Income-tax Act. The amendment directs that such interest shall be paid before furnishing the quarterly statement for each quarter in accordance with the provisions of sub-section (3) of section 200, making payment of interest a precondition to filing the quarterly withholding statement.
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Interest payment requirement mandates interest be paid before furnishing quarterly statements under the Income-tax Act.
The amendment directs that such interest shall be paid before furnishing the quarterly statement for each quarter in accordance with the provisions of sub-section (3) of section 200, making payment of interest a precondition to filing the quarterly withholding statement.
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