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Hiii..

478 views 4 replies

Shilpa Bhauwala

Kotak Mahindra bank

35 Points Joined November 2010

hii......

please guide me regarding the allowance /disallowance of:

interest on ser tax

int on VAT

int on Professional tax

Int on tds

Iint on tele/electricity/maintainnace bills..

Replies (4)

CA MAYANK WADHERA

CA CS CMA(I)

789 Points Joined July 2009

interest paid on s.tax and vat & elec/tele/mant. bills is allowed

interest paid on tds and professional tax is not allowed

Yogesh Bhandari

CA FINAL Student

429 Points Joined July 2011

interest paid on s.tax and vat and professional tax & elec/tele/mant. bills is allowed professional tax is allowed subject to Sec. 43B interest paid on TDS is not allowed

CA. ANKUR JAIN

CA.....

2800 Points Joined December 2007

Originally posted by : mayank wadhera
	interest paid on s.tax and vat & elec/tele/mant. bills is allowed interest paid on tds and professional tax is not allowed