(1) Where an assessee commits default in making the payment of any amount of tax leviable or payable or of any amount of tax. interest r penalty assessed or determined or of any amount or demand otherwise payable, within the specified time under the provisions of this Act or the rules made or notifications issued thereunder, such assessee shall be liable to pay interest on such amount at the rate of 15 per annum or part thereof, for the period starting from the day immediately succeeding the date specified for such payment and ending with the day on which such payment is made. (2) Interest under sub-section (1) shall be calculated- (a) at the time of assessment under any section or in continuation of such assessment; and (b) on payment including adjustment of a demand in full.
Section 17A: Interest on failure to pay tax or other sum payable
The Rajasthan Lands and Buildings Tax Act, 1964State Act of Rajasthan · Act 18 of 1964
Where this provision sits
| Act | The Rajasthan Lands and Buildings Tax Act, 1964 |
|---|---|
| Section | 17A |
| Marginal note | Interest on failure to pay tax or other sum payable |
| Jurisdiction | State of Rajasthan |
| Status | In force as published by the source |
Find the provision, not just read it
The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:
- Search 49,000+ Central and State enactments by what a provision says, not by its number
- Jump from any section to every judgment that has applied it
- Search 300 million+ Indian court records alongside the statute
- Ask a research agent to find and read the case law on a provision for you
Free account. No card. About a minute to create.
Create a free accountNeed this as data, not as a page? The Rajasthan Lands and Buildings Tax Act, 1964 is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.