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tds on interest

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(Querist)
17 December 2008 whether interest on tds is allowable as expense in business or profession with supporting section & explanation please
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
17 December 2008 No.
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Ravikumar.G

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Ravikumar.G (Expert)
17 December 2008 Interest on TDS is not an allowable expenditure.
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