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Income Tax - Highlights / Catch Notes

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Disallowance on account of interest payment on TDS deposited to ...

Case Laws     Income Tax

March 27, 2023

Disallowance on account of interest payment on TDS deposited to the Income Tax Department - interest paid on late payment of TDS is compensatory in nature and is an allowable deduction under section 37(1) of the Act - AT

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