Do we need to deduct TDS on the Interest paid to NBFC's on the Loans taken by a company.
1 Replies
ravi
(Service)
(46 Points)
Replied 22 September 2008
Yes TDS is to be deducted on interest . The NBFC will refund the amount of TDS to the company after receipt of TDS certificate
Recent Topics
- TDS on rent new finance bill 2025
- Unable to convert User role from Registered user t
- Income Tax Return not filing by Temple Committee
- Procedure for filling appeal for unregistered enti
- Recovery of GST
- GSTR-1A RETURN
- Co Trading in Equity-ITC
- RCM Credit in case of Caterung Service
- E Invoice Effective Date
- ITC on iron purchased for construction
Related Threads
CAclubindia
