Interpretation of 'month' as per the IT Act 1961

Srinivasan Rangarajan , Last updated: 11 February 2014  
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A month under the Income Tax Act,1961 - An English Calendar monthORa lunar month of 30 days? You may be knowing that full interestis beingcharged for delayed remittance of tax for a part of a month (of the English Calendar, interpreting the words month part of a month as that of a month of t

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Published by

Srinivasan Rangarajan
(Officer - Insurance Industry)
Category Income Tax   Report

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