https://www.taxtmi.com/acts?id=21500 Rule 3 prescribes the rounding off mechanism for amounts under Chapter VIII: consideration, equalisation levy, interest, penalty and refunds. Paise are ignored and amounts are adjusted to the nearest multiple of ten rupees by increasing when the last digit is five or more and decreasing when it is less than five. en-us Sat, 04 Jun 2016 11:03:47 +0530 Tue, 25 Nov 2025 11:11:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21500 Rule 3 prescribes the rounding off mechanism for amounts under Chapter VIII: consideration, equalisation levy, interest, penalty and refunds. Paise are ignored and amounts are adjusted to the nearest multiple of ten rupees by increasing when the last digit is five or more and decreasing when it is less than five. Act-Rules Direct Taxes Sat, 04 Jun 2016 11:03:47 +0530 https://www.taxtmi.com/acts?id=21500