TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Interest on Sales Tax Arrears Deductible under Income-tax Act</h1> The High Court of Rajasthan held that interest paid by the assessee to the sales tax department on arrears of sales tax is an admissible deduction under ... Business Expenditure The High Court of Rajasthan ruled that interest paid by the assessee to the sales tax department on arrears of sales tax is an admissible deduction under section 37 of the Income-tax Act, 1961. The decision was based on a previous Supreme Court ruling and a similar case involving the same assessee. The Revenue's appeal was dismissed, and no costs were awarded.
TaxTMI 
TaxTMI 
