Articles by Srinivasan Rangarajan

Interpretation of 'month' as per the IT Act 1961

  Srinivasan Rangarajan    11 February 2014 at 11:45

A 'month' under the Income Tax Act,1961 - An English Calendar monthOR a lunar month of 30 days?You may be knowing that full interest is being charged for delayed remittance of tax for a part of a month (of the English Calendar, interpreting