I am a banker and a company has paid loan processing charge after deducting TDS. Others are paying withou deducting TDS. Kinly advise, quoting the relevent section
Naresh
Naresh Kumar (Baking) (30 Points)
13 September 2008I am a banker and a company has paid loan processing charge after deducting TDS. Others are paying withou deducting TDS. Kinly advise, quoting the relevent section
Naresh
RAJAN GUPTA
(SERVICE)
(653 Points)
Replied 13 September 2008
I don't think it will be covered under any head and on the face of it its seems incorrect ,to get detailed reply ,you should confirm from the party under which section they have deducted so that we can pin point the clause of section in your favour
thanks
CA Ravish Trivedi
(The Possibilities are Infinite...)
(772 Points)
Replied 13 September 2008
its not covered under any section of income tax act. u can ask for the claim of tds amt.
CA Ravish Trivedi
(The Possibilities are Infinite...)
(772 Points)
Replied 13 September 2008
sec 194 (3)
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961