https://www.taxtmi.com/acts?id=7844 The amendment replaces the prior annual flat interest formulation for failures in tax deduction or payment with a provision measuring interest on a per month or part of a month basis, converting interest accrual from an annual to a monthly unit of computation and taking effect from the statute's stated commencement date. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 19 Jan 2008 22:45:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=7844 The amendment replaces the prior annual flat interest formulation for failures in tax deduction or payment with a provision measuring interest on a per month or part of a month basis, converting interest accrual from an annual to a monthly unit of computation and taking effect from the statute's stated commencement date. Act-Rules F. Acts / Amendment Acts Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7844