Interest on TDS disalllowed under which section
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Interest on TDS
Replies (6)
DEAR HARISH,
IT IS DISSALLOWED BY REASON OF MANY JUDGEMENTS...........
NO SECTION IN LAW...........
It has been held by various judgements that any sum paid under Income Tax & Wealth Tax Act cannot be claimed as Deduction..........
specific section of 40
as per Sec.40
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Interest on TDS disalllowed under section 40 |  |
Dear Friends,
I have modified my earlier reply regarding Sec 40, since it deals with only Income Tax & not interest on TDS...
Harish thanks for asking this query, & sorry for my earlier reply...........
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