Tds on interest paid to nbfc


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Querist : Anonymous

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Querist : Anonymous (Querist)
20 October 2014 Hi..

Is TDS required to be deducted on interest paid to NBFC?

Please guide.

Thanks in advance.

20 October 2014 unless the NBFC provides you with non-deduction certificate issued by the tax department, you need to deduct TDS on the interest paid to the NBFC.

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 October 2014 Nikhil Kaushik sir..

Can you please provide a supporting link for the above?

20 October 2014 refer section 197 and 194A

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Querist : Anonymous

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20 October 2014 ollllll llllllllllllllllllllllllll

20 October 2014 ????????????????????/


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