Tax audit for the year ended 31st March 09
This query is : Resolved
17 August 2009
Should Interest paid for delayed payment of tax be shown under clause 17(e)of Form 3CD.
Please reply soon.
Please reply soon.
18 August 2009
Actually the clause 17(e) of the form 3CD relates with the any payment in nature of penalty for the violation of law which is disallowable. Though the interest is considered as penalty it is not on account of violation of law so no need to show interest on delayed payment of tax.
19 August 2009
Interest paid on delay in payment of TDS is disallowable u/s 40(a) and hence should be shown under 17(f)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- SEC 54 OF IT ACT
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- Form 26QB for TDS on property
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Whether still royalty
- Payable outstanding for years disallowance
- BLOCKED-INELIGIBLE GST CREDIT
- Amendment of September 2021 Invoice
- Residential status for filling income tax returns in India
- Deemed to be University shall pay gst on Bus fee collection from students
- Section 194LBB
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
