ITO Section 205A | Reduction in [default surcharge], consequential to reduction in tax or penalty.

ITO Section 205A

Reduction in  [default surcharge], consequential to reduction in tax or penalty.

Where, in consequence of any order made under this Ordinance, the amount of tax or penalty in respect of which  [default surcharge] is chargeable under section 205 is reduced, the  [default surcharge], if any, levied under the aforesaid section shall be reduced accordingly.]

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Explanation of ITO Section 205A

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