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Income Tax - Highlights / Catch Notes

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TDS u/s. 194J - Interest include the service fee charge by the ...

Case Laws     Income Tax

May 7, 2018

TDS u/s. 194J - Interest include the service fee charge by the bank in respect of money borrowed - A plain look at the statutory provision makes it clear that assessee was not under obligation to deduct the TDS on account of loan processing charges paid to the bank. - AT

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