Interest of sales tax allowed
This query is : Resolved
20 December 2011
iinterest of sales tax allowed in the view of tax purpose please explain
20 December 2011
yes interest paid on payment of sale tax allowed as deduction under busines and profession head...but penalty is not allowed.
20 December 2011
compulsory penalty under the sales tax act also can claim as expenses.
30 May 2012
thanks sir
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