Allowability of interest paid for delayed payment of service tax

Suresh Thadani (Querist) 04 November 2015 This query is : Resolved
Pls give citations and opinion on allowability (for income tax) of interest paid for delayed service tax payments

Follow Query

Report Abuse

B.Chakrapani Warrier (Expert) 07 November 2015
ST interest is a business expenditure for IT purposes.

Inference - CIT Vs. Kaypee Mechanaical India P Ltd [2014] taxman.com 363(Guj).

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries

Bangalore-us-rts(?)-digikey-fedex-moneystuck!
Consumer / contract dispute
Harrasement and metal agony from husband
Applicability of po act
Nps to old pension scheme
Suit filed by heirs claiming ancestral property
Hindu succession query
Application for final decree after preliminary decree
Application for final decree after preliminary decree
Application for final decree after preliminary decree

Regular matters
Request for second opinion in bar council proceedings
Reinforcing rule-based adjudication in proceedings
Awaiting the shrewd advocate's answer.
Pl. check for legal accuracy
Legal notice used for harrasment
Is advocate guilty?
Advocate�s duty to justice apply to the pre-litigation ?
Legal opinion on baseless legal notice and law
Dismissals due to defective legal notices