Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Applicability of TDS

X X   X X   Extracts   X X   X X

→ Full Text of the Document

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

→ Full Text of the Document

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

→ Full Text of the Document

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

→ Full Text of the Document

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

→ Full Text of the Document

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

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates