Section 4A in Tamil Nadu Local Authorities Finance Act, 1961
4A. [ Rounding off of surcharge on entertainments tax and on tax on cinematograph exhibitions, fees, penalty, etc. [Inserted by section 2 of the Tamil Nadu Local Authorities Finance (Amendment)Act,1973 (Tamil Nadu Act 29 of 1973).]
- The amount of surcharge, fee, penalty, fine or any other sum payable, and the amount of refund due, under the provisions of this Act shall be rounded off to the nearest rupee and, for this purpose, where such amount contains a part of a rupee consisting of paise, then, if such part, is fifty paise or more, it shall be increased to one rupee and if such part is less than fifty paise, it shall be ignored.]
