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Tds

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(Querist)
16 September 2014 is tds deductable on loan processing charges paid to non banking finance corporation?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
16 September 2014 yes. unless the NBFC produces Nil-deduction certificate, you need to deduct TDS.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
18 September 2014 agreed with the reply......................
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