Intt on tds

This query is : Resolved 

23 September 2014 as it is written u/s 37(1) that intt under income tax act and wealth tax are not allowed as deduction ,then whether intt paid on late payment of TDS is allowable or not

23 September 2014 TDS is a part of Income Tax therefore same provision applies to TDS and interest on TDS is disallowed.

23 September 2014 As tds is not our income but its our liability then what are your views on this sir




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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries