No TdS Deductible on Delayed Payment Made on Purchased Bills.
No tds on delayed payment and lc discounting chrgs
CA Ayush Agarwal (Kolkata-Pune-Mumbai) (27191 Points)
10 January 2013
2 Replies
CA Ayush Agarwal
(Kolkata-Pune-Mumbai)
(27191 Points)
Replied 10 January 2013
No TDS Deductible on LC Discounting Charges paid, Not Defined Under 2(28) of Interest definition.
Case of CARGIL GLOBAL TRADING I.P.LTD.
Attached File : 33834 1114382 cargil discounting charges interest 194a tds.pdf downloaded: 134 times
CA Ayush Agarwal
(Kolkata-Pune-Mumbai)
(27191 Points)
Replied 10 January 2013
A Expert View on TDS Deductible, No TDS Deductible as Per SK Tyagi ji.
Courtesy:- SK Tyagiji, Pune (https://sktyagidt.com)
Attached File : 33834 1114383 no tds on interest paid to party expert view.pdf downloaded: 196 times
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