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Question ID : 31717

Delayed interest on property tax paid

We have paid property tax along with penalty and delayed interest, please let us know delayed interest is allowable expenditure under ITAct, please refer section Thank you

Posted by RAMESH VADNALA on Jun 24, 2018

Filed Under DIRECT TAXES

Answer ID : 69820

No

Posted by VINAY BHARGAV KUMAR G on Jun 25, 2018
Answer ID : 69836

Interest in allowable as per Income tax Act

Posted by ca neha gupta on Jun 30, 2018