12 August 2017
Dear Experts,
we are paying tax and interest on unsecured loan, rent and commission. Those are more than 5k per day.
will it applicable RCM
13 August 2017
The receipt or payment of Interest is a Service of extending Loans and advance for interest or discount and exempted under notification 12/2017. The rent and commission are covered under RCM N Jain group.blr@gmail.com
CAclubindia
