Interest on tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 August 2012
Is Interest paid on late deduction/Payment of T.D.S. allowable expenses under income tax act?
in case of interest on VAT is there same treatment as of above?
in case of interest on VAT is there same treatment as of above?
23 August 2012
Interest on TDS is Not Allowed.
Whereas Interest paid on VAT, CST Excise I mean Other Act Allowed.
Only Interest Chargeable Under IT Act is Not Allowed.
Whereas Interest paid on VAT, CST Excise I mean Other Act Allowed.
Only Interest Chargeable Under IT Act is Not Allowed.
23 August 2012
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