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Sec. 194a

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(Querist)
06 August 2012 A Partnership Firm Having Gross Turn Over amounting to Rs. 10 Lacs. and Making Payment of Interest amounting to Rs. 12,500/- to a Party not being Partners.

Then A Partnership Firm is required to deduct TDS on Interest payment u/s. 194A ?
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hshivakumar

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hshivakumar (Expert)
06 August 2012 yes tds applicable u/s 194 A
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Amol S Joglekar

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Amol S Joglekar (Expert)
06 August 2012 yes. TDS is applicable.




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