Condition necessary for availing immunity from penalty under section 271AAA - assessee must have paid tax along with interest, with no time limit set for such payments.

Immunity from penalty requires payment of tax and interest, and no time limit is prescribed for that payment. Immunity from penalty under section 271AAA requires the assessee to have paid the tax due together with applicable interest; the provision does not prescribe any time limit for such payment as a condition for immunity.