TDS on processing Charges to Bank

620 views 1 replies

Dear All,

Please tell whether TDs on processing charges paid to bank for availing loan in TDS deductable. Also whether TDS is liable on commission paid for acquiring LCs

 

Thanks..

Gaurav Pancholia

Replies (1)

Hi Gourav, 

After reading below, u should deduct TDS. check link below 

 

 

/forum/tds-on-bank-processing-fees-50452.asp?1=1&offset=1

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