Language interpretation issue

126 views 1 replies
Guest
Suppose there is a penalty provision that
10k
or
10% of tax amount
whichever is higher.
and tax amount is 100k.
so in this case both comparative elements are equal then what amount of penalty should be here?
Reply Share Follow
On 12 December 2019 at 08:34 Report
Replies (1)
User Avatar

Student
23688 Points Joined November 2017
Rs. 10,000/- will be the amount of Penalty.
1 Reply
On 12 December 2019 at 10:19


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading