Rounding of tax amounts: fractions at or above the midpoint round up to the nearest whole unit under the law. Rounding off governs computation of sums payable or refundable under the Act by directing that monetary amounts be expressed in whole units and fractional subunits be adjusted to the nearest whole unit; fractions at or above the midpoint increase to one whole unit and fractions below the midpoint are disregarded.
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Provisions expressly mentioned in the judgment/order text.
Rounding of tax amounts: fractions at or above the midpoint round up to the nearest whole unit under the law.
Rounding off governs computation of sums payable or refundable under the Act by directing that monetary amounts be expressed in whole units and fractional subunits be adjusted to the nearest whole unit; fractions at or above the midpoint increase to one whole unit and fractions below the midpoint are disregarded.
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