TDS Deduction.

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  1. Rajib Khatoi

    Rajib Khatoi New Member

    Sir we are making a payment to the Mudra bank towards loan processing fee.

    Is TDS applicable on such payment ?

    Please suggest.
     
  2. Rajib Khatoi

    Rajib Khatoi New Member

    As I know TDS is not applicable on the loan processing fees which are payable to banks other than FIs. But Mudra Bank is a NBFC owned by SIDBI.

    so Pls suggest
     
  3. nafeesa

    nafeesa Member

    NO.TDS IS NOT APPLICABLE
     
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