https://www.taxtmi.com/acts?id=50040 The substituted provision mandates a two-stage interest computation where interest is calculated up to the date of a pre-assessment payment, and thereafter at the same rate only on the amount by which the tax paid (insofar as it relates to income subject to advance tax) falls short of the assessed tax. en-us Mon, 03 Mar 2025 16:55:00 +0530 Mon, 03 Mar 2025 16:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50040 The substituted provision mandates a two-stage interest computation where interest is calculated up to the date of a pre-assessment payment, and thereafter at the same rate only on the amount by which the tax paid (insofar as it relates to income subject to advance tax) falls short of the assessed tax. Act-Rules F. Acts / Amendment Acts Mon, 03 Mar 2025 16:55:00 +0530 https://www.taxtmi.com/acts?id=50040