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TDS on Bank charges paid

This query is : Resolved 
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(Querist)
07 August 2008 Whehter my company has to deduct TDS while paying Bank Charges (LC Commission, Foreign Remittance with services tax) to Bank
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CA Hemant T Dewani

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CA Hemant T Dewani (Expert)
07 August 2008 no this exp are excluded from tds
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CA Abhishek Tyagi

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CA Abhishek Tyagi (Expert)
07 August 2008 No bank charges are not liable for TDS provisions.
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CA.Tarun Maheshwari

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CA.Tarun Maheshwari (Expert)
07 August 2008 No

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