Interest under Section 139(8): include the actual return filing or assessment completion date in computation. The Board, in consultation with the Ministry of Law, advised that the actual date of filing the return or the actual date of completion of assessment must be included in computing the period for which interest is chargeable under the provision requiring simple interest for late returns.
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Interest under Section 139(8): include the actual return filing or assessment completion date in computation.
The Board, in consultation with the Ministry of Law, advised that the actual date of filing the return or the actual date of completion of assessment must be included in computing the period for which interest is chargeable under the provision requiring simple interest for late returns.
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