Disallowance of interest on TDS, VAT, entry tax and professional ...

Interest on TDS, VAT, and other taxes are allowable expenses u/s 37(1) of the Income Tax Act. No irregularities found.

July 19, 2019

Case Laws Income Tax AT

Disallowance of interest on TDS, VAT, entry tax and professional tax - as these expenses normally incurred by the assessee in doing the business, hence allowable expenditure u/s 37(1) - no infirmity in the order passed by the ld. CIT(A)

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Disallowance of interest on TDS, VAT, entry tax and professional ...

Interest on TDS, VAT, and other taxes are allowable expenses u/s 37(1) of the Income Tax Act. No irregularities found.

July 19, 2019

Case Laws Income Tax AT

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