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of <h1>Tax Amounts Rounded to Nearest Ten Under Section 288B: Paisa Ignored, Adjustments Made Based on Last Digit</h1> As per section 288B of the tax law, the tax payable or refundable is rounded to the nearest multiple of ten. Any paisa is ignored first. If the resulting amount's last digit is five or more, it is rounded up to the next ten. If the last digit is less than five, it is rounded down. For example, Rs. 2,52,844.99 is rounded to Rs. 2,52,840, while Rs. 2,52,845 or Rs. 2,52,846.01 is rounded to Rs. 2,52,850. This rounded amount is considered the final tax payable or refundable.
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