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TDS Rate for interest on unsecured loans

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(Querist)
20 January 2010 Dear sir / madam,

What is the rate of tds for interest on unsecured loans?
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CA Prashant Gupta

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CA Prashant Gupta (Expert)
20 January 2010 TDS rate on interest on unsecured loan is 10% u/s 194A
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
20 January 2010 Yes. 10%




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