https://www.taxtmi.com/acts?id=3237 Where the person responsible for payment of income distributed by a specified company or a Mutual Fund fails to pay any tax due on distributed income within the time allowed, that person or entity is liable to pay simple interest on the unpaid tax for the period beginning the day after the last date for payment and ending on the date the tax is actually paid. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 28 Aug 2025 14:42:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3237 Where the person responsible for payment of income distributed by a specified company or a Mutual Fund fails to pay any tax due on distributed income within the time allowed, that person or entity is liable to pay simple interest on the unpaid tax for the period beginning the day after the last date for payment and ending on the date the tax is actually paid. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3237