Concurrent audit
This query is : Resolved
05 May 2016
Sir,,,, Don't the bank need to collect processing fee from all type of loans and advances while renewal????
05 May 2016
Normally bank will collect processing fees based on the nature loan for fresh as well as renewals. Loan processing fees varies which depends bank to bank.
06 May 2016
OK,, but is there any exemption for loans and advances other than ODH and OD, from collection of processing fee ???
06 May 2016
No, exemption for collection of processing fees
06 May 2016
No, exemption for collection of processing fees
06 May 2016
all bank take the fee as per there terms & condition of loan agreement.
06 May 2016
But the bank can make exemption lists on their circulars,,, am I right???
25 May 2016
Normally Bank will charge processing fees that is the one of sources of Revenue, in certain cases during loan mela,Bank will not collect processing fees giving relaxation for certain period to attract customers. Especially for home loan mela this is not through out the year only certain days only once in a while. It depends for Banks to banks.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Exiting partner in partnership firm in gst portal
- CLOSING STOCK QUERY
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Error in uploading Form 10BD
- Banking Related Issue
- Difff in ais receipts and gst turnover
- Loss of interest in PF transfer from EPFO to Trust
- ITR-3 File/Error Found
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- Gst on travel by air for business purposes
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
