Interest on service tax and tds

This query is : Resolved

Devesh (Querist)
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17 September 2013 A company has paid late payment interest on Service tax and late payment interest on TDS, now i wanna know that is it a penalty or fine ??? and needs to be mentioned in Clause 17(e) of the Tax audit report or anywhere else in Tax Audit Report ????

CA Hemlata Saini

CA Hemlata Saini (Expert)
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17 September 2013 Only Interest on direct tax payments will be mentioned in clause 17(e) and all penalties whether on direct or indirect tax.

So mention Interest on TDS in clause 17e of the tax audit report