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Income Tax - Highlights / Catch Notes

Home Highlights December 2017 Year 2017 This

Addition on account of interest paid on delayed payment of ...

Income Tax

December 23, 2017

Addition on account of interest paid on delayed payment of TDS/TCS - the interest on delayed payment of TDS/TCS cannot be considered to be a payment towards any rate or tax levied on the profit or gains of any business or profession as provided u/s. 40 (a)(ii) of the Act. - AT

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