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Provision on interest u/s 234

This query is : Resolved 
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(Querist)
18 October 2014 SIR

CAN PRIVATE LIMITED COMPANY MADE THE PROVISION ON INTEREST U/S 234.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
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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