<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Rounding off of inland air travel tax</title>
    <link>https://www.taxtmi.com/acts?id=47283</link>
    <description>Rounding of the inland air travel tax requires that the computed leviable tax be rounded to the nearest rupee: fractional paise at or above the statutory threshold are rounded up to the next rupee, while fractions below that threshold are disregarded. This rule applies at the computation stage and affects only the final numerical amount of the tax payable.</description>
    <language>en-us</language>
    <pubDate>Fri, 10 Jan 2025 12:14:53 +0530</pubDate>
    <lastBuildDate>Fri, 10 Jan 2025 12:14:53 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=787936" rel="self" type="application/rss+xml"/>
    <item>
      <title>Rounding off of inland air travel tax</title>
      <link>https://www.taxtmi.com/acts?id=47283</link>
      <description>Rounding of the inland air travel tax requires that the computed leviable tax be rounded to the nearest rupee: fractional paise at or above the statutory threshold are rounded up to the next rupee, while fractions below that threshold are disregarded. This rule applies at the computation stage and affects only the final numerical amount of the tax payable.</description>
      <category>Act-Rules</category>
      <law>F. Acts / Amendment Acts</law>
      <pubDate>Fri, 10 Jan 2025 12:14:53 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=47283</guid>
    </item>
  </channel>
</rss>