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interset on sales tax,vat,service tax

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(Querist)
25 August 2009 sir,
can interset on sales tax,vat,service tax can admissible in Income tax computation.
pls give the answer it is arguent
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chetan soni

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chetan soni (Expert)
25 August 2009 yes, interest is allowed. Penalty is not allowed.
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Jitender

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Jitender (Expert)
26 August 2009 i agree with the above opinion.
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