Allowability of Interest on TDS and excess tds deposited to dept.?
Deepak kumar padia (1 Points)
24 May 20232. 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)