Sec 50- interest on delayed payment
sampath (student) (119 Points)
14 May 2019
on what 18% should be calculated..Gross liabilty or Net liablity? is there any amendment for sec 50
2 Replies
Padmanathan Kv
(2127 Points)
Replied 15 May 2019
as such no amendment. you have to compute on gross amount. there is a Telangana High court ruling to that effect also.
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