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Calculation of interest and terms: "or otherwise" and "in different manner, in another way, or in other ways"
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.... of the word tax paid "otherwise" appearing in section 215(2) of the I.T.Act. Sub-sec.2 of section 215 provides that where before the date of completion of a regular assessment, tax is paid by the assessee u/s.140A or otherwise, interest shall be calculated in accordance with the provisions of sec.215(1) upto the date on which such tax is so paid and thereafter interest shall be calculated on the ....
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