TDS - Upfront Fees

Tax queries 1968 views 1 replies

Whether TDS is Applicable on Upfront Fees and Loan Processing Fees as Charged by Banks ??

 

Regards

Ankit

Replies (1)

IF PAYEE IS FINANCIAL INSTITUTION OTHER THAN SCHEDULED BANK TDS IS DEDUCTIBLE BUT IN CASE OF SCHEDULED BANKS IT IS NOT APPLICABLE


CCI Pro

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