Interest paid on duties treated as expenditure or not

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..... Dear All, Greetings..in previous FY we paid interest on duties (excise , service tax and cess). Can we treat this amount as expenditure or not. Any supporting act kindly share me. Regards M.RamKum .....

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..... ar - Reply By MARIAPPAN GOVINDARAJAN - The Reply = In my view it may be treated as expenditure. - Reply By Ganeshan Kalyani - The Reply = Interest paid for violation of any law is not a business e .....

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..... xpenditure . So in my view it may not. - Interest paid on duties treated as expenditure or not - Query Started By: - Mathurthi RamKumar Dated:- 14-12-2016 Income Tax - Got 2 Replies - Income Tax - .....

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..... Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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