I want to know whether the Interest paid on late depositing the TDS to the Govt is allowed expenditure or not. and also the penalty for late filing the TDS Return.
1 Replies
Amir
(Learner)
(4016 Points)
Replied 31 March 2010
Dear Ashish,
NO IT WILL NOT BE ALLOWED.....
For detail discussion -Plz refer this
/forum/interest-on-delayed-tds-amount-can-allowable--75191.asp
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