Easy Office
LCI Learning

Tds applicability on nbfcs

This query is : Resolved 
Profile Image

Profile Image

(Querist)
29 November 2017 Is there an exemption for NBFCs from deducting TDS on interest on its term loan borrowings. If so, kindly provide the relevant section/circular of income tax/rbi. thanks
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
29 November 2017 For Interest payment to NBFCs is not exempted from TDS deduction. so required to deduct TDS

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links