TDS on Loan Processing Fee
Jatin (Accountant) (3479 Points)
13 May 2018
Loan processing fee Rs. 8000 paid to NBFC but loan not disbursed. Is TDS deducted or not on loan processing fee
2 Replies
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 13 May 2018
TDS under section 194A is required to be deducted from Loan processing fee paid to NBFC
Recent Topics
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- Where can I find a trusted provider to hire a skip
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
Related Threads
CAclubindia
