Tds

This query is : Resolved 

17 September 2011 Dear All,

Whether tds will be deducted on upfront fees paid to various banks.?

Awating Reply...
Rajksihore Paul

17 September 2011 No TDS not required to be deducted from banks to which the Banking Regulation Act 1949 applies.

17 September 2011 Thank U sir,

If the payemnt will be made to SBI Capital, UTI then should we deduct ? (any section)

17 September 2011 What type of fees? In case its professional fees deduct TDS u/s 194J @ 10%.

17 September 2011 Mentioned Which kind of Payment


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