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<h1>Tax Base and Payment Rounding Rules: Clause 271 of Direct Taxes Code Bill, 2009 Explained</h1> The Direct Taxes Code Bill, 2009, under Clause 271, mandates that tax bases are to be rounded to the nearest hundred rupees. Any amount payable or receivable by the assessee must be rounded to the nearest ten rupees. The Board is authorized to prescribe the method for this rounding process.