Total income shall be rounded off to the nearest multiple of 10 rupees and for this purpose any part of a rupee consisting of paise shall be ignored.
Example: if the total income is Rs. 2, 40,347 it shall be rounded off to Rs. 2, 40, 350 and if it is Rs. 2, 40, 344 then it shall be rounded off to Rs. 2, 40, 340.
The amount of tax, interest, penalty, fine or any other sum payable and the amount of refund due under the provision of the IT act, shall be rounded off to the nearest multiple of 10 rupees and where such amount contains a part of 10 rupees then if such part is five rupees or more, it shall be increased to ten rupees and if such part is less then five rupees it shall be ignored. Paise for computing five rupees shall be ignored.
Example: if the total income is Rs. 40,347 it shall be rounded off to Rs. 40, 350 and if it is Rs. 40, 344 then it shall be rounded off to Rs. 40, 340.
If you are using online e-filling forms to file your tax return then automatically these figures will be rounded off to the nearest multiple of 10 rupees.