Statements (14)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:law
|
| gptkbp:appliesTo |
advance tax
Assessing Officer finds advance tax payment was deferred to reduce interest liability |
| gptkbp:concerns |
interest for deferment of advance tax
|
| gptkbp:enables |
Assessing Officer to direct higher interest payment
|
| gptkbp:enforcedBy |
gptkb:Income_Tax_Department_of_India
|
| https://www.w3.org/2000/01/rdf-schema#label |
Section 216 (Disposal Rule)
|
| gptkbp:jurisdiction |
gptkb:India
|
| gptkbp:partOf |
gptkb:Income_Tax_Act,_1961_(India)
|
| gptkbp:penalty |
interest
|
| gptkbp:purpose |
to penalize incorrect deferment of advance tax payments
|
| gptkbp:relatedTo |
taxpayers liable to pay advance tax in India
|
| gptkbp:bfsParent |
gptkb:Fair_and_Accurate_Credit_Transactions_Act
|
| gptkbp:bfsLayer |
6
|