Tds
This query is : Resolved
22 August 2012
Dear Sir/Madam,
Is interest/Penalty paid on belayed remittance of TDS allowed as deduction as per Income Tax Act?
Is interest/Penalty paid on belayed remittance of TDS allowed as deduction as per Income Tax Act?
22 August 2012
not allowed
22 August 2012
Interest/Penalty on delay payment of TDS is not allowed as deduction.
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