Items under rates & taxes?

Dear Tom,

Rates and Taxes are the charges or fees which are generally payable to Government (local, state, central),

Thus, these expenses includes following,

- Municipal Taxes (Property / housing tax)

- Fees payable for filing e-tds return

etc.

I'm thankful for your reply,but just i'm asking...

If we are paying fee for inspection on our machinery done by a party (non-Govt) ,can we account it as rates & taxes?

Can we use rates & taxes g/l for interest on TDS ?