HI
Whether Interest levied by Income tax dept on late deposit of TDS is deductible ? Also quote section no.
1 Replies
CA. Abhishek K. Pandey
(Manager (Advance))
(901 Points)
Replied 05 July 2010
Interest on late payment of TDS is not deductible for Income Tax purposes.
Recent Topics
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- Where can I find a trusted provider to hire a skip
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
Related Threads
CAclubindia
