https://www.taxtmi.com/acts?id=36829 Amendment specifies that "any relief of tax allowed under section 89" shall be reduced from tax on total income when computing interest for defaults in payment of advance tax, by inserting a new clause in Explanation 1 to sub-section (1) of section 234B; the provision is declared retrospective and applies to the assessment year commencing after the effective date and subsequent years. en-us Fri, 05 Jul 2019 18:00:00 +0530 Fri, 05 Jul 2019 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36829 Amendment specifies that "any relief of tax allowed under section 89" shall be reduced from tax on total income when computing interest for defaults in payment of advance tax, by inserting a new clause in Explanation 1 to sub-section (1) of section 234B; the provision is declared retrospective and applies to the assessment year commencing after the effective date and subsequent years. Act-Rules Bill Fri, 05 Jul 2019 18:00:00 +0530 https://www.taxtmi.com/acts?id=36829