WE ARE PAYING BILL DISCOUNTING CHARGES TO THE FINANCER ON BILLS DISCOUNTED.
WHETHER TDS IS APPLICABLE ON THIS AMOUNT. IF YES, THAN UNDER WHICH SECTION.
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tds on bill disc. charges
Replies (5)
Yes, tds applicable u/sec 194A on interest paid on bill discouting from private party only.
Yes, tds applicable u/sec 194A on interest paid on bill discouting from private party only.
| Originally posted by :C.A Amit Daga | ||
| " | Yes, tds applicable u/sec 194A on interest paid on bill discouting from private party only. | " |
Sir,
Whether bank charges/processing charges that banks charge to the account holders are liable for deduction of tax at source U/s.194C. If not, why? Since tax is deductible if the payments are made for `any work`, why can't this be included under the purview
Rgds/Dharmaraju
Dear Mr.Amit,
What are TDS due dates for paying the tds
can u give any reference ...
| Originally posted by : CA. Amit Daga | ||
 |
Yes, tds applicable u/sec 194A on interest paid on bill discouting from private party only. |
 |
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