Interest on TDS

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..... Whether interest paid on delayed payment of TDS is deductible expenditure? Is there any case law. Various opinion has come: 1. As income tax is not deductible and TDS being income tax, hence inte .....

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..... rest on TDS also not deductible 2. As TDS is linked to the deductible expenditure, hence interest on TDS also deductible. Request you to give a proper opinion. - Reply By GOPALJI AGRAWAL - The Re .....

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..... ply = Interest paid under any provisions of income tax is not allowable expenditures as held by various high courts as well as Supreme Court. See Bharat Commerce Industries Limited Vs. CIT[1998] 23 .....

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..... 0ITR733 - Interest on TDS - Query Started By: - CA Rachit Agarwal Dated:- 26-9-2010 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal o .....

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..... pinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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