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Service tax on processing fees as well as interest earned on unsecured personal loans

(Querist) 08 January 2015 This query is : Resolved 
Is dervice tax deductible on the rocessing fees of unsecured personal loan by regeistered money lender and is service tax also applicable on the interest earned on the same loan given??
Your reply will be highly appreciated.
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T. Kalaiselvan, Advocate (Expert) 13 January 2015
No is the answer.

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