Allowability of Interest on TDS payment


22 November 2017 Dear all, Is interest on TDS payment allowed as deduction ?

22 November 2017 Interest on late payment of TDS is disallowed under section 37 of the income tax act

23 November 2017 Yes... I agreed to Mr Amitav., It's disallowed u/s 37....




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries