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tds on loan processing fees

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(Querist)
09 March 2010 TDS on loan processing fees paid to private financial institutions is required to be deducted. but i want know under which section
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
09 March 2010 Dear Gaurav,

TDS is required to be deducted u/s 194J.

Regards
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CA Prashant Gupta

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CA Prashant Gupta (Expert)
09 March 2010 professional services u/s 194J. As these are services provided by financial institutions.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
09 March 2010 agree Sec.194J applicable

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