Tds on loan processing fees

CA Bijay Shrestha (Never Give up....No matter what....)   (853 Points)

22 May 2013  

Whether TDS is applicable on Loan Processing Fees & Interest paid to PNB Housing Finance Ltd. for loan taken?

If yes, under which Section 194J or 194A ??

Plz suggest with explanations.

 

Thanks in advance.