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Tds on payment of interest to nbfcs in emi's

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(Querist)
04 July 2016 If we pay interest through EMI's to a NBFC ..do we need to make TDS on such payments??
If yes plzz tell me how to do this..and the Provisison applicable
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Shubham Gupta

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Shubham Gupta (Expert)
04 July 2016 As per 194A if interest is paid to other than Banking companies than TDS need to be deducted.
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Sai charan

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Sai charan (Querist)
02 August 2016 if yes,, then how to deduct TDS




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