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Statutory payment

This query is : Resolved 
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(Querist)
10 August 2012 WHETHER STATUTORY PAYMENT ALLOWED AS DEDUCTION WHICH IS PAID AFTER DUE DATE BUT BEFORE FILLING OF REURN ?
PL.PROVIDE SECTION OR COURT JUDGEMENT DETAIL ?
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
10 August 2012 Yes it will be allowed as deduction.
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CA Ayush Agarwal

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CA Ayush Agarwal (Expert)
10 August 2012 Yes, Excluding Income Tax Payments.
Even Inteest Paid on Stat Paymenst are Allowed as Deduction Under Income Tax Act.
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