Is there any provision for interest on short payment of interest on tds
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Povision for interest on interest
Replies (3)
No, there is no such provision.
No it is not required at all.
| Originally posted by : Sonam Bidasaria | ||
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No, there is no such provision. |
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However, there is no reference of Interest payable on interest, but indirectly somewhere in the act the reference of same is also given.. soonest will reproduce the applicable section of Income Tax Act.
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