Interest on delay payment of esi & epf
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 September 2016
Interest on delayed payment of ESI & EPF is allowable expenses in income tax , if allowable please mention case law and section also.
22 September 2016
Interest on delayed payment o PF & ESI is compensatory in nature and hence allowable as business expenditure.
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