Tds applicability
Hiten (CA) (275 Points)
02 September 2015
CMA Poornima Madhava
(CMA)
(13097 Points)
Replied 02 September 2015
Provisions of section 194A are attracted and tax to be deducted at source @ 10% as there is no exemption in case of NBFCs.
https://www.simplifiedlaws.com/tds-on-interest-paid-to-nbfc-with-emi/
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