Finance Act, 1973
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Interest on unpaid taxes and duties. |
35.—Interest payable under— | |
(a) section 15 of the Stamp Act, 1891, and subsections (2) and (3) of section 69 of this Act, | ||
(b) section 129 of the Income Tax Act, 1967 , or | ||
(c) section 21 of the Value-Added Tax Act, 1972 , | ||
shall be payable without any deduction of income tax and shall not be allowed in computing any income, profits or losses for any of the purposes of the Income Tax Acts or of the enactments relating to corporation profits tax. |