Section: 2(28)(a)
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When Tax Is Required To Be Deducted On Interest?
S. 2(28A) defines – Interest. “Interest” means interest payable in any manner in respect of any moneys borrowed or debt incurred (including deposit, claim or other similar right or obligation) and includes any service fee or
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Whether TDS Is Applicable On Bill Discounting Charges?
CBDT Cir.No. 65{F. No. 275/79/TTJ] dt. 2/9/71. “Where the supplier of goods makes over the usance bill/hundi to his bank which discounts the same and credits the net amount to the supplier’s A/c. straightway without waiting for realization of the bill on due date,
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Whether TDS U/s. 194A Is Deductible On Payment Of Credit Card?
S. 2(28)(a) defines ‘interest means interest payable in any manner in respect of any moneys borrowed or debt incurred (including a deposit, claim or other similar right or obligation) and includes any service fee