T.D.S. & Service Tax
This query is : Resolved
28 August 2009
Disallowance of Interest on TDS & Interest on Service Tax in computation of business Income. Why? under which section?
28 August 2009
No interest on late payment of tds & service tax is allowed expenditure.
Only penal interest & penalty is not allowed as deduction. Penal interest means interest imposed by the assessing officer at the time of assessment.
Only penal interest & penalty is not allowed as deduction. Penal interest means interest imposed by the assessing officer at the time of assessment.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR9- ITC
- Audit of F and O T/O
- GST 9- Table 8
- REVENUE RECOGNITION AS PER IND AS 115
- RCM on GTA Services
- How to update Transaction data in broker samco account holding after transfer shares KARVY
- Applicablity on tds
- Unable to generate and save json file for updated return
- GST payable under RCM
- WRONGLY UPLOADED 10IF FOR COOPERATIVE SOCIETY
- Related to Rate of Depreciation
- Mismatch of Sales Invoice in GSTR-1
- Query on Mismatch of Sales Invoice in GSTR-1
- Import purchase entry
- Rule 54(1A) for Distributing ITC
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
Trending Online Classes
CAclubindia
