TDS on Processing Chg. pd to bank

TDS 934 views 3 replies

I am a banker and a company has paid loan processing charge after deducting TDS. Others are paying withou deducting TDS. Kinly advise, quoting the relevent section

Naresh

Replies (3)

I don't think it will be covered under any head and on the face of it its seems incorrect ,to get detailed reply ,you should confirm from the party under which section they have deducted so that we can pin point the clause of section in your favour 

 

thanks

its not covered under any section of income tax act. u can ask for the claim of tds amt.

sec 194 (3)


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