https://www.taxtmi.com/caselaws?id=409844 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decisions regarding the disallowance of interest on late payment of service tax and payments towards Provident Fund and other funds. The Tribunal emphasized that interest paid for late service tax deposit is a permissible deduction and that payments made before the due date align with legal precedents. The decisions were supported by previous Tribunal and High Court rulings, leading to the dismissal of the Revenue's appeal in both issues. en-us Thu, 15 Jul 2021 00:00:00 +0530 Sat, 17 Jul 2021 07:28:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409844 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decisions regarding the disallowance of interest on late payment of service tax and payments towards Provident Fund and other funds. The Tribunal emphasized that interest paid for late service tax deposit is a permissible deduction and that payments made before the due date align with legal precedents. The decisions were supported by previous Tribunal and High Court rulings, leading to the dismissal of the Revenue's appeal in both issues. Case-Laws Income Tax Thu, 15 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409844