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Sandeep Kanoi's Tax Guru

The blog is created to provide info to the Chartered
Accountants, Tax Professionals and other Accounts
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  • Rated2.8/ 5
  • Updated 4 Years Ago

Usance interest for delayed payment to holding company liable to TDS

Updated 4 Years Ago
By Sandeep Kanoi

Usance Interest For Delayed Payment To Holding Company Liable To TDS
Usance interest paid for the delayed payment to its holding company was not any part of purchase price of goods and was interest within the definition of term â
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