Disallowance of interest paid on late deposit of TDS - the ...

Interest on Delayed TDS Deposits Not Deductible as Business Expense u/s 37(1) of Income Tax Act.

September 16, 2020

Case Laws Income Tax AT

Disallowance of interest paid on late deposit of TDS - the interest paid by the assessee for delayed payment of TDS in respect of statutory liabilities and thus this interest amount cannot be treated as business expenditure u/s 37(1) - AT

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Disallowance of interest paid on late deposit of TDS - the ...

Interest on Delayed TDS Deposits Not Deductible as Business Expense u/s 37(1) of Income Tax Act.

September 16, 2020

Case Laws Income Tax AT

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