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![Interest on Late Payment of Direct Taxes Not Deductible under Income Tax Act: ITAT [Read Order] Interest on Late Payment of Direct Taxes Not Deductible under Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Interest-Interest-on-Late-Payment-of-Direct-Taxes-Direct-Taxes-Late-Payment-Late-Payment-of-Direct-Taxes-Income-Tax-Act-Income-Tax-ITAT-taxscan.jpg)
Interest on Late Payment of Direct Taxes Not Deductible under Income Tax Act: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has recently, in an appeal filed before it, held that interest on late payment of direct...