Interest on service tax allowed?

PLEASE TELL WHETHER INTEREST ON SERVICE TAX IS ALLOWED OR NOT  IN  INCOME TAX.

Replies (9)
Yes. it is allowed...

it is allowd

yes interest is allowed but penalties are not allowed 

RIGHT SAID ABOVE.....

Penalty paid for wrong availment of cenvat credit - Is it allowed under income tax.

If Said penalty paid under protest and appeal has been filed against the order.

Penalty for wrong availment of credit may not be allowed as expense.

yes it is allowed

Thanks for ur response.

Please provide any supporting case laws (or) provisions under what section it will be allowed.

All Interest on Indirect Tax are allowed. interest on direct taxes anrdisallowed..............

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details