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The tax liability as per the final assessment is higher than in provisional assessment, will the taxable person be liable to pay interest

The tax liability as per the final assessment is higher than in provisional assessment, will the taxable person be liable to pay interest :

Where the tax liability as per the final assessment is higher than in provisional assessment, will the taxable person be liable to pay interest?

Ans. Yes. He will be liable to pay interest from the date the tax was due to be paid originally till the date of actual payment.

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