Paying interest : paying interest on delinquent income tax
Fatawa Question
I started a company last year. I could not pay income tax that year because it was my first year. Therefore I had to keep it in the bank. This year I will have to pay the income tax of last yare with interest. My question is can I use the interest the bank gave me to pay the interest the tax authorities will charge me with ? Thanks a lot for the answers. Jazakum Allahu Khairan for your constant help
Fatwa
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Publication Date
2008-04-03
Main Subjects
Financial and Accounting Sciences
Religion
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-730473
American Psychological Association (APA)
Qahf, Mundhir. 2008-04-03. Paying interest : paying interest on delinquent income tax. .
https://search.emarefa.net/detail/BIM-730473
Modern Language Association (MLA)
Qahf, Mundhir. Paying interest : paying interest on delinquent income tax. 2008-04-03.
https://search.emarefa.net/detail/BIM-730473
American Medical Association (AMA)
Qahf, Mundhir. 2008-04-03. Paying interest : paying interest on delinquent income tax.
https://search.emarefa.net/detail/BIM-730473