TDS
This query is : Resolved
29 August 2009
Whether TDS to be deducted on Gold Loan Interest remitted to a NBFC company?
Regards
P. Raja
Regards
P. Raja
29 August 2009
No.
29 August 2009
Thank you, can you please elaborate the section applicable , as my client is insisting on details
Regards
P. Raja
Regards
P. Raja
29 August 2009
there need not to deduct TDS on any payment made to banking company. so you need not to deduct TDS in this case
29 August 2009
It is a Non Banking Finance Company , shall it use the benefit of Banking Company
Please reply to this clarify my doubt
Thanks
P. Raja
Please reply to this clarify my doubt
Thanks
P. Raja
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