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Reliance capital limited

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 February 2015 Dear Experts,

I want to know hereby that Reliance Capital Limited is NBFC constituted under central, state or provincial Act?

Please clear it. because interest paid to financial corporation constituted under central, state or provincial Act is not liable to deduct the TDS u/s 194A.

Thanks.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
26 February 2015 its not public owned by any govt but private form of org.
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Querist : Anonymous

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Querist : Anonymous (Querist)
26 February 2015 means it is not covered under statement of " financial corporation established under central, state or provincial act".
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
26 February 2015 no its not coeverd under it......
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