Disallowance of interest on delayed payment on excise duty or ...
Interest on Late Excise Duty or Sales Tax is Compensatory, Not Law Violation; Shouldn't be Disallowed for Tax.
January 22, 2016
Case Laws Income Tax AT
Disallowance of interest on delayed payment on excise duty or delayed payment of sales-tax - These are more or less compensatory in nature and cannot be held as any infraction or violation of any law - AT
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