https://www.taxtmi.com/acts?id=50096 The amendment inserts clause (ee) into section 46(2) empowering specification of the procedure to be followed in calculating interest payable by assessees or by the Government to assessees under the Act, including rules for rounding off periods where the interest period includes a fraction of a month, and for specifying when and to what extent petty amounts of interest payable by assessees may be ignored. en-us Tue, 04 Mar 2025 11:47:56 +0530 Tue, 04 Mar 2025 11:47:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50096 The amendment inserts clause (ee) into section 46(2) empowering specification of the procedure to be followed in calculating interest payable by assessees or by the Government to assessees under the Act, including rules for rounding off periods where the interest period includes a fraction of a month, and for specifying when and to what extent petty amounts of interest payable by assessees may be ignored. Act-Rules F. Acts / Amendment Acts Tue, 04 Mar 2025 11:47:56 +0530 https://www.taxtmi.com/acts?id=50096