Tax Deducted at Source

This query is : Resolved 

26 September 2008 Whether Tax will be deducted at source on processing/upfront fees paid to banks.

26 September 2008 no.

26 September 2008 no.

26 September 2008 Bank being a Governmental agency, you cannot TDS it.

26 September 2008 You Cannot Deduct TDS Since its a Government Agency


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