https://www.taxtmi.com/acts?id=39667 The substituted proviso to section 50(1), with retrospective effect from 1 July 2017, provides that interest on tax for supplies declared in a return furnished after the due date is payable only on the portion of tax paid by debiting the electronic cash ledger, except where the return is furnished after the commencement of assessment or adjudication proceedings for that period. en-us Tue, 30 Mar 2021 15:37:25 +0530 Tue, 30 Mar 2021 15:42:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39667 The substituted proviso to section 50(1), with retrospective effect from 1 July 2017, provides that interest on tax for supplies declared in a return furnished after the due date is payable only on the portion of tax paid by debiting the electronic cash ledger, except where the return is furnished after the commencement of assessment or adjudication proceedings for that period. Act-Rules F. Acts / Amendment Acts Tue, 30 Mar 2021 15:37:25 +0530 https://www.taxtmi.com/acts?id=39667