Deduction u/s 37(1) - Whether, payment of interest on delayed ...

Interest on Delayed Payments Not Penal, Deductible Under Income Tax Act Section 37(1), High Court Rules.

August 3, 2013

Case Laws Income Tax HC

Deduction u/s 37(1) - Whether, payment of interest on delayed payment of instalments is penal in nature - Held No - It was simplicitor liability of interest on delayed payment of installments - HC

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Deduction u/s 37(1) - Whether, payment of interest on delayed ...

Interest on Delayed Payments Not Penal, Deductible Under Income Tax Act Section 37(1), High Court Rules.

August 3, 2013

Case Laws Income Tax HC

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