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Interest Payment On Late Payment Of TDS Not Eligible For Deduction Under Business Expenditure: ITAT

Interest Payment On Late Payment Of TDS Not Eligible For Deduction Under Business Expenditure: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that interest payment on late payment of TDS is not an eligible business expenditure for deduction and it is not compensa...

12 Aug 2022 3:00 PM GMT
ITAT Deletes Addition On Excess Gold Belonging To Assessees Mother

ITAT Deletes Addition On Excess Gold Belonging To Assessee's Mother

The Visakhapatnam bench of theIncome Tax Appellate Tribunal (ITAT)has deleted the addition of excess gold belonging to the mother of the assessee, who is staying with the assessee as the only daughter...

11 Aug 2022 1:30 PM GMT