Interest under Section 50 requires month-wise net cash computation, while penalty under Section 73 is unsustainable if tax is voluntarily paid before SCN
Interest under Section 50 requires month-wise net cash computation, while penalty under Section 73 is unsustainable if tax is voluntarily paid before SCN Issue Whether interest under Section 50 for omitted sales paid voluntarily via DRC-03 prior to SCN requires month-wise recomputation based on net cash liability rather than gross demand? Whether penalty under Section… Read More »