Interest on TDS
This query is : Resolved
Jayesh Jagetiya
(Querist)
06 January 2009
Dear freinds, we have paid interest on late payment of TDS.
Is it allowable deduction under Income Tax?
Is it allowable deduction under Income Tax?
K V Subba Rao
(Expert)
06 January 2009
Not allowable as per discussions in
https://www.caclubindia.com/forum/message_display.asp?group_id=3562
https://www.caclubindia.com/forum/message_display.asp?group_id=3562
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