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Urgent: interest on late payment of service tax

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(Querist)
15 November 2011 Whether the interest paid on the late payment of service tax is an allowable business expenditure ?

If yes, then any citation of any case law regarding the same
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CA Navin Jain

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CA Navin Jain (Expert)
15 November 2011 yes, it will be allowed.
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V RAGHAVENDRA

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V RAGHAVENDRA (Querist)
25 November 2011 Can u give me the citation of any case law regarding the same.
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