Provision on interest u/s 234
This query is : Resolved
18 October 2014
SIR
CAN PRIVATE LIMITED COMPANY MADE THE PROVISION ON INTEREST U/S 234.
CAN PRIVATE LIMITED COMPANY MADE THE PROVISION ON INTEREST U/S 234.
18 October 2014
Interest on income tax is as good as 'income tax' and therefore, provision for interest till the date of the balance sheet has to be necessarily provided in the books.
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