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sampath (student)     14 May 2019

Sec 50- interest on delayed payment

on what 18% should be calculated..Gross liabilty or Net liablity? is there any amendment for sec 50


 2 Replies

pritesh

pritesh (CA Final student)     14 May 2019

Gross liability
Padmanathan Kv

Padmanathan Kv   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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