Tds deducted on interest paid to nbfc
This query is : Resolved
08 June 2013
Please suggest can a Company deducted tds on interest paid to NBFC And which Section Allowable in this case?
16 June 2013
Yes.Under section 194A interest paid to NBFC is to be deducted..
if not deducted interest paid will be disallowed.
Thanks ®ards
Ganesh babu k
if not deducted interest paid will be disallowed.
Thanks ®ards
Ganesh babu k
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