Round- off
This query is : Resolved
21 November 2014
tax liability- 7887
round off 288b- 7890
TDs - 1051
is tax payable by assesse 6839 (7890-1051) correct ???? or any further round off is required in tax liability???
21 November 2014
7887-1051 = 6836
rounded off to 6840
rounded off to 6840
22 November 2014
rounded off on rs.. 6840/
22 November 2014
The answer in above case may be same, but tru to focus on procedure as to when the rounding off is to be done and at which step.
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