Tds on interest paid to nbfc

This query is : Resolved 

07 March 2013 sir please tell
is interest paid to nbfc liable to deduct tds?

is there any case where assesse can avail exemption?

07 March 2013 Yes it is liable to TDS deduction.

07 March 2013 sir please tell can assessee avail exemption from deducting tds

07 March 2013 No exemption. TDS required to be deducted.


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