Allowability of Interest on TDS and excess tds deposited to dept.?

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Deepak kumar padia

1 Points Joined February 2019

1. Is interest on Late deposit of TDS allowable ?

2. A Demand notice was issued against short deduction of TDS. Lately such Demand is paid to dept. can we claim it as an expense? (logic - excess tds paid is trfd to creditor a/c and creditor didnot paid such amt hence becoming baddebt)