Easy Office
LCI Learning

Interest on late payment of taxes

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 August 2013 Whether interest paid on late payment of following taxes allowed as deduction under Income Tax.
1)Service Tax
2)TDS
3)VAT

Please reply.
Profile Image

CA Abhi Pandey

Profile Image

CA Abhi Pandey (Expert)
30 August 2013 Interest on late payment of Service Tax and Vat is allowed as deduction, whereas same is not allowed for TDS.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
30 August 2013 Do I know the provision under which it is not allowed?
Upgrade to CAclubindia Pro. Subscribe Now!


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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links