fixed assets financed by Bajaj finserv...
whether TDS is to be deducted on interest paid to Bajaj finserv???
Yes You have to deduct the TDS @ 10% and remitt to the dept
Amit Gupta (navi mumbai ) (152 Points)
30 January 2018
Vinaya Kumara K H
(Accounts Executive)
(259 Points)
Replied 30 January 2018
Yes You have to deduct the TDS @ 10% and remitt to the dept
Amit Gupta
(navi mumbai )
(152 Points)
Replied 30 January 2018
Renu Goyal
(Professional)
(504 Points)
Replied 30 January 2018
Yes TDS is deductible on the interest amount paid to Bajaj Finserv..
Renu Goyal
(Professional)
(504 Points)
Replied 30 January 2018
In one of my client case bajaj finserv is actually paying the TDS amount but next year till then we keep it under TDS receivable..
Amit Gupta
(navi mumbai )
(152 Points)
Replied 30 January 2018
Renu Goyal
(Professional)
(504 Points)
Replied 30 January 2018
No Bajaj Finserv has claimed the TDS amount and then actually reimbursed the TDS amount in different bank account (for the F.Y. 15-16 it has reimbursed the TDS amount in 16-17)
Amit Gupta
(navi mumbai )
(152 Points)
Replied 30 January 2018
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