Whether interest income is exempt
Lakshmi Narayana (article assistant) (43 Points)
02 February 2018
what is SAC CODE ?
1 Replies
sujith kumar dasa
(banglore)
(1496 Points)
Replied 02 February 2018
9971 - Services by way of—
(a) extending deposits, loans or advances
in so far as the consideration is
represented by way of interest or discount (other than interest involved in credit card
services); is exempt
(a) extending deposits, loans or advances
in so far as the consideration is
represented by way of interest or discount (other than interest involved in credit card
services); is exempt
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