Income tax
whether interest paid on late payment of PF and ESI is allowed expense ??
Replies (6)
yes it is allowed intrest is different from penalty
in my opinion it is not an allowable expenditure because this interest charged is in the nature if penalty for late payment.
Yes...
Interest is allowed expenses for Late Payment of ESI and PF...
But,
Penalty is not allowed and it's disallowed...
Interest is allowed expenses for Late Payment of ESI and PF...
But,
Penalty is not allowed and it's disallowed...
how much salary deposit the tax
I will be grateful for your answer, I am also very interested in this and I specifically went to your site 192.168.0.1
Agree with Mr .RAJA PM clarification like it
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