Interest on late payment of service tax

It is disallowed under the said Act.

I don't agree with oher reply

It is allowed because it not personal nature tax

yes if there is penalty then it will not allowed as deduction

Service tax at all not a xpenditure, so payment of service tax as well as int on late payment not allowed

The Interest paid on late payment of Service Tax is an allowable expenditure. Also the Interest paid on late payment of VAT / CST is an allowable expenditure. However, interest on late payment of TDS is not an allowable expenditure.

Regards,
Devendra k

SIMPLE

INT PAID UNDER INDIRECT TAXES R ALLOWABLE .BUT INT UNDER DIRECT  TAXES DISALLOWED

interest paid on service tax is allowed in income tax.

The Interest on Delayed payment of service tax is an allowable expenditure under income tax act.