How exepmt tds on nbfc at the time interest
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 September 2014
Dear Sir,
I wish to know when we payment of interest on loan taken from nbfc then how we exempt of from tds and return and if any Certificate issued by NBFC in this case. what is name of that certificate to not Tds Deducted.and make allowed our interest is exp liable without tds
I wish to know when we payment of interest on loan taken from nbfc then how we exempt of from tds and return and if any Certificate issued by NBFC in this case. what is name of that certificate to not Tds Deducted.and make allowed our interest is exp liable without tds
Nikhil Kaushik
(Expert)
26 September 2014
you need to select Flag A in the deductee sheet of the TDS return for the respective payments.
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