TMI BlogApplicability of TDSX X X X Extracts X X X X X X X X Extracts X X X X ..... assests purchased by a concern and financed by nonbanking finance cos the likes of Magma Finance, Tatamotors Finance or L T Finance.The Insalment is payable monthly for a period of say 36 months.Wil ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l there be a need to deduct TDS.If Yes on what sum and under which section. - Reply By Rama Krishana - The Reply = You need to find the correct nature of these banking institutions. Are they in the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nature of banking company or NBFC. The provisions of TDS are applicable to interest paid to NBFC. See clause (iii) of sub section (3) of section 194A of the income tax act, 1961 . - Applicability ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of TDS - Query Started By: - pran shangari Dated:- 14-9-2009 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ndia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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