Interest on TDS, VAT, and other taxes are allowable expenses u/s 37(1) of the Income Tax Act. No irregularities found.

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....Disallowance of interest on TDS, VAT, entry tax and professional tax - as these expenses normally incurred by the assessee in doing the business, hence allowable expenditure u/s 37(1) - no infirmity in the order passed by the ld. CIT(A)....