Should tds be deducted on bajaj loan processing

Lucky A (Manager) (72 Points)

26 August 2011  

Respected Sir(s),

Kindly let me know that should I have to pay the TDS on Processing Fees of Bajaj Finserve Ltd. which is a non-banking institution. I have paid the TDS on the interest but now my CA is asking me to pay for the TDS on processing fees but the Bajaj Finserve says that they will not refund the TDS on Processing Fees.

Please guide me what should I do.

Thanking You,