Tax or interest is allowable

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 July 2016 Whether tax and interest paid on regular assessment (demand by the department ) is allowable as per income tax,

CA. Sunil Gokhale (Expert)
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30 July 2016 Neither income tax nor interest thereon is allowed as deduction.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

30 July 2016 Thanks sir,
for immediately reply,

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