t.d.s of non banking finance co.(nbfc)
This query is : Resolved
madhur gupta
(Querist)
05 October 2008
hiiii...
is it necesary to deduct on interest paid to non banking finance co.(nbfc) for vehicle financed from them ?
thankx
is it necesary to deduct on interest paid to non banking finance co.(nbfc) for vehicle financed from them ?
thankx
CA Nitin Wadhwani
(Expert)
06 October 2008
Yes.
If The Interest Amount Exceeds 5000/-.
If The Interest Amount Exceeds 5000/-.
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