TDS Interest
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 June 2011
Whether Interest on delayed payment of TDS is allowed Expense???
28 June 2011
Will not be allowed as a business expenditure.
CIT Vs. Rishikesh Apartments Co - Operative Housing society Ltd (2002) 253 ITR 310 (Guj) can be referred to.
CIT Vs. Rishikesh Apartments Co - Operative Housing society Ltd (2002) 253 ITR 310 (Guj) can be referred to.
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