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Interest payable under Section 234C of the Income Tax Act, 1961 is computed at simple interest at 1% per month or part of a month on the amount of advance tax that is not paid or paid in short. So, the interest is calculated on a monthly basis and not on an annual basis. This means that if a taxpayer fails to pay the advance tax on time, they will be liable to pay interest at 1% per month on the amount that is outstanding.
Assess the accuracy of these statements concerning entropy and thermodynamic equilibrium:
(I) Entropy measures the disorder or randomness within ...
Which of the following types of waves has the smallest wavelength?
UNO was established on?
Which state of matter has the highest intermolecular forces?
Which of the following statements best describes the relationship between static friction and the normal force?
The energy possessed by a body due to its position or shape is known as:
1 unit of Newton is equal to
Which statement about the properties of light and sound is incorrect?
The hair of shaving brush clings together when removed from water due to –
A storm is predicted if atmospheric pressure: