Finance charges paid to financing company

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24 November 2015 FINANCE CHARGES PAID TO FINANCING COMPANY TDS DEDUCTIBLE ?

24 November 2015 Yes TDS deductible.......

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 November 2015 SIR WHAT IF SUCH AMOUNT IS NOT IN NATURE OF INTEREST PAYMENT ?

24 November 2015 Interest includes any charge for credit facility hence TDS applicable.


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