banner_ad

Tds deduction

This query is : Resolved 
Profile Image

Profile Image

(Querist)
21 July 2015 Dear Sir

we are manufacturing company and we have received a bill from YES Bank as Advisory Fees including service tax for providing advise for term loan.My query is can we deduct TDS.If Yes please quote reference.

Pls send your replies to jeelanbashas@rediffmail.com

from
Jeelan
Profile Image

B.COM, ACA, DISA Namrata

Profile Image

B.COM, ACA, DISA Namrata (Expert)
21 July 2015 Jeelan, In my opinion if it is purely a advisory service that they have given you which requires the skill, acumen and knowledge in the specialized field i.e. preparation of a scheme for required finances and to tie-up required loans then it comes under the purview of S.194J and TDS has to be deducted.If it is loan processing charge then TDS will not be applicable.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details