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INTEREST ON TDS, Income Tax |
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INTEREST ON TDS |
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IS INTEREST ON TDS ALLOWABLE EXPENDITURE OR NOT? IF NOT THEN UNDER WHICH SECTION? Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Sir, interest is not business expense. It is accounted in Rent, rates and taxes which forms part of current liabilities in B/S. In my view no. Thanks.
Sorry I posted wrong salutation. Please consider as Ms in place of Sir. Thanks. Page: 1 Old Query - New Comments are closed. |
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