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TDS on Processing Charges to Export Import Bank

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(Querist)
14 February 2020 Is there any liability of TDS on payment of processing charges by a residential company to Export import (EXIM) Bank. Is EXIM Bank regulated by Banking Regulation Act?
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Aashok Kumar Sharma

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Aashok Kumar Sharma (Expert)
26 May 2020 If it is a type of contract then TDS is applicable.
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