Tds on nbfc
jayesh kathrani (232 Points)
21 December 2018please guide me TDs on non bankng finance intrest amount
best regards
jayesh kathrani (232 Points)
21 December 2018
Aman Kumar
(Accounts Executive)
(744 Points)
Replied 21 December 2018
Yes, under section 194A TDS has to be deducted on the interest if amount exceeds Rs. 10,000 at rate of 10%.
Aman Kumar
(Accounts Executive)
(744 Points)
Replied 21 December 2018
TDS Amount not Returnable,You can Claim TDS when you filled income tax return