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Querist : Anonymous

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Querist : Anonymous (Querist)
08 March 2014 Dear Sir,

is interest on 234b & 234c is allowable while computing the income tax laibility

please help?

08 March 2014 what you mean by allowable? as an expense? please note that tax expenses are never allowed as deduction

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 March 2014 Sir i mean interest on advance tax (234b& 234c)...will be allowed or disallowed as per income tax act?

08 March 2014 as i said, any payment related to direct tax is not allowed anyways in the income tax act.


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