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Tds deduction (nbfc)

This query is : Resolved 
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(Querist)
08 February 2013 Dear All,

Plz resolve my quaries.

Example: A Company taken loan from any NBFC Companies , Banks or monthly emi paid by company . the companies liable to Tds deduction on interest amount & certificate issued to banks.

Plz replay my quaries with any examples.


Thanks
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CA. RAGHAV GARG

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CA. RAGHAV GARG (Expert)
08 February 2013 Not required in Case of Banks but required to be deducted in case of NBFC Sec 197
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