Form 3cd

40a(ii).-- any interest/penalty/fine for for non payment/late payment of income tax is not deductible.

It should be shown under Point No. 17 (e) (i) of 3CD. It is disallowed as per section 37(1) as it is a fine for delay in payment of TDS.

Ya.but , is it appropriate to treat interest on tds as fine?Since it is just a compensation for delayed remittance just like interest on indirect taxes and it is disallowed only for it being in the nature of income tax.Kindly clarify.