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Interest on tds

This query is : Resolved 
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27 September 2016 whether interest paid on late filing of tds and interest on service tax allowed as expense
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CA SAGAR M. AHUJA

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CA SAGAR M. AHUJA (Expert)
27 September 2016 Penalty or Interest or Fine under Direct taxes is not deductible-Section 37 of Income Tax Act,1961
Interest Paid on Service Tax is Allowable Expenses
Please Refer The Link.
https://www.taxindiaonline.com/RC2/print_story.php?newsid=10324
Thanks.
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