Procedure to be followed in calculating interest

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....culating the interest payable by the assessee or the interest payable by the Central Government to the assessee under any provision of the Act, (a) where interest is to be calculated on annua....

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...., any fraction of a month shall be deemed to be a full month and the interest shall be so calculated; (c) the amount of tax, penalty or other sum in respect of which such interest is to be ca....