Whether service tax applicable
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 January 2012
i have a query regarding non banking financial company. it given loan to its group company and taken loan from other company. it is regularly deducting tds on interest but not charging service tax on interest. whether service tax is applicable to it?
04 January 2012
service tax not applicable on interest charged.
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