INTEREST PAIN ON SERVICE TAX

[Natwar Ladha]

Interest paid on Service Tax are allowable expenses under Income Tax 

Pls. Reply and Send Related Case Law for this Query.

Thanks

Natwar Ladha

AI Summary

Deductibility of interest on service tax questioned as to its allowability as a business expense under income tax law.
Deductibility of interest on service tax is presented as the primary question: whether interest paid on service tax liabilities qualifies as an allowable expense under income tax, with the recorder requesting related case law; the sole reply asks whether a case deciding that interest on service tax is allowable is what is being requested.