Interest in tds

This query is : Resolved 

27 August 2013 Dear Sir,

I want to know that if there is any interest on interest provision in TDs?
If yes or no then clarify me with legal provisions.

27 August 2013 There is no interest on interest under income tax

28 August 2013 There is no concept of int on int under income tax act.there is additional penal provision for tds.

28 August 2013 Thnks sir for resolving my query.


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