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Treatment of interest on tds

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(Querist)
24 October 2016 As interest on TDS is not an allowable expenditure, so pl. tell me;
1) In company statement of profit and loss account where it will be shown?
2) In Form AOC-4 where it will be taken?
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Amol S Joglekar

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Amol S Joglekar (Expert)
24 October 2016 can you please tell me why you think that interest on TDS is not allowable?

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