Is tds required to be deducted us 194i on loan process fee.

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shaket (Querist)
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21 July 2014 is tds required to be deducted us 194I on loan processing fee charged by bank.

CS,CA F,Numrologi TusharSampat (Expert)
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21 July 2014 sec 194I is for rent and not for what u described.

on loan processing fees sec 193a is applicable.

CS,CA F,Numrologi TusharSampat (Expert)
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21 July 2014 sec 194I is for rent and not for what u described.

on loan processing fees sec 193a is applicable.

CS,CA F,Numrologi TusharSampat (Expert)
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21 July 2014 sec 194I is for rent and not for what u described.

on loan processing fees sec 193a is applicable.

CA SUNIL K GARG (Expert)
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05 August 2014 loan processing fee is not interest , hence TDs will not be deducted , according to my view

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