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interest on tds

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(Querist)
11 October 2008 whether interest on TDS is a deductible expenditure under haed "Profits and Gains from business and profession" , if yes than under which section or applicable case laws...
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
11 October 2008 No.
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CMA Gul S

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CMA Gul S (Expert)
11 October 2008 no this is not deductible expenditure
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Jitender

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Jitender (Expert)
11 October 2008 not deductible.
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
11 October 2008 Not admissible.

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