Interest On TDS
Ketal Jain (9 Points)
29 January 2020Any case law to support the allowability Or Disallowance?
Ketal Jain (9 Points)
29 January 2020
Kapadia Pravin
(17249 Points)
Replied 29 January 2020
allowable .
any delay in payment of TDS by assessee could not be linked to income tax of assessee and consequently, interest expenses claimed by assessee on account of delayed deposit of TDS liability was allowable under section 37(1).
RAJA P M
("Do the Right Thing...!!!")
(127133 Points)
Replied 29 January 2020
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