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Tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 August 2013 Whether Commision on Commercial Paper Charged by Bank ( directly debited by bank ) - will company have to deduct and pay tds on that ??
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
12 August 2013 TDS will not attract on bank commission
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Querist : Anonymous

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Querist : Anonymous (Querist)
19 August 2013 Please provide the respective section in regard to it
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
19 August 2013 Please refer sec.194A
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Querist : Anonymous

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Querist : Anonymous (Querist)
20 August 2013 194 A does not say anything abot commission paid to bank in respect of commercial paper
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
25 August 2013 Interest & commission paid to banks will not attract the TDS as per sec.194A

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