section (2)], the assessee shall be liable to pay simple interest at fifteen per cent per annum, reckoned from the day immediately following the specified
assessed tax, the assessee shall be liable to pay simple interest at the rate of ] [ Substituted by Act 32 of 2003, Section ... reduced by the interest, if any, paid under section 140-A towards the interest chargeable under this section; (ii) thereafter, interest shall be calculated
returned income, then, the assessee shall be liable to pay simple interest at the rate of one per cent per month for a period ... returned income, then, the assessee shall be liable to pay simple interest at the rate of one per cent on the amount of the shortfall
gratuity becomes payable to the date on which it is paid, simple interest at such rate, not exceeding the rate notified by the Central Government
furnished, the assessee shall be liable to pay simple interest at the rate of [one per cent.] [ Substituted by Act 54 of 2003, Section ... interest payable under sub-section (1) shall be reduced by the interest, if any, paid under section 140-A towards the interest chargeable under this
under this Act, he or it shall be liable to pay simple interest,— (i) at one per cent for every month or part ... deducted, the amount of the tax together with the amount of simple interest thereon referred to in sub-section (1A) shall be a charge upon
remuneration to any partner who is a working partner, or of interest to any partner, which, in either case, is not authorised ... exceeds the amount calculated at the rate of twelve per cent simple interest per annum; or (v) any payment of remuneration to any partner
Section 244A in The Income Tax Act, 1961
244A. [ Interest on refunds. [Inserted by Act 4 of 1988, Section ... section, be entitled to receive, in addition to the said amount, simple interest thereon calculated in the following manner, namely:- (a) where the refund
employer shall, in addition to the amount of the arrears, pay simple interest thereon at the rate of twelve per cent. per annum
Section 234D in The Income Tax Act, 1961
234D. [ Interest on excess refund. [Inserted by Act 32 of 2003, Section ... refundable on regular assessment, the assessee shall be liable to pay simple interest at the rate of ] [one-half per cent.] [ Substituted