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Is any interest levied if the time allowed for the deposit of compounding charges is extended beyond one month from the end of the month of intimation of compounding charges?

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Full Text of the Document

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....Offences - Income Tax - Frequently Asked Questions (FAQs)<br>Income Tax<br>Ans. The applicant shall be liable for payment of the following interest: Period of delay Interest Up to 3 months 1% per ....