Interest on tds
This query is : Resolved
Navneet Kaur Chawla
(Querist)
27 September 2016
whether interest paid on late filing of tds and interest on service tax allowed as expense
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.
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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