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Tds

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(Querist)
13 November 2014 WHETHER TDS IS TO BE DEDUCTED ON DISCOUNTING CHARGES OF LC
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CA Rajya lakshmi

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CA Rajya lakshmi (Expert)
13 November 2014 No TDS on discounting charges , it is not interest which your are paying to bank, the charges will be debited by Bank directly and the balance bill amount will be credited to your account ,
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CA vandana goyal

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CA vandana goyal (Querist)
14 November 2014 and if we reimburse discounting charges to the party then ????
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