https://www.taxtmi.com/forum/issue?id=892 Interest paid to entities operating as lending companies (NBFCs or similar financiers) will generally attract withholding obligations; the recipient's classification as a non-banking financial company rather than a bank or regulated insurer is determinative. Statutory exceptions may apply in limited circumstances-for example, where an entity qualifies under an insurance-related exemption-but such qualification is rare and depends on the recipient meeting the specific exemption criteria. en-us Fri, 05 Sep 2008 10:49:18 +0530 Thu, 23 Jan 2025 15:58:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=892 Interest paid to entities operating as lending companies (NBFCs or similar financiers) will generally attract withholding obligations; the recipient's classification as a non-banking financial company rather than a bank or regulated insurer is determinative. Statutory exceptions may apply in limited circumstances-for example, where an entity qualifies under an insurance-related exemption-but such qualification is rare and depends on the recipient meeting the specific exemption criteria. Discussion-Forum Income Tax Fri, 05 Sep 2008 10:49:18 +0530 https://www.taxtmi.com/forum/issue?id=892