https://www.taxtmi.com/acts?id=21411 Where a specified person, or its principal officer or trustee, fails to pay tax on accreted income within the time allowed under section 115TD(5), that person or officer is liable to pay simple interest at a monthly rate on the unpaid tax from the day after the last date for payment until actual payment; specified person is as defined in the Explanation to section 115TD (clause (iia)). en-us Thu, 12 May 2016 15:30:01 +0530 Mon, 23 Jun 2025 16:29:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21411 Where a specified person, or its principal officer or trustee, fails to pay tax on accreted income within the time allowed under section 115TD(5), that person or officer is liable to pay simple interest at a monthly rate on the unpaid tax from the day after the last date for payment until actual payment; specified person is as defined in the Explanation to section 115TD (clause (iia)). Act-Rules Income Tax Thu, 12 May 2016 15:30:01 +0530 https://www.taxtmi.com/acts?id=21411