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Claim for interest paid on late payment of it.vat.service tax

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(Querist)
13 September 2014 can we claim the interest ,penalty on late payment of taxes as a business expense?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
13 September 2014 www.caclubindia.com/experts/int-on-service-tax-1816619.asp

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