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Tds

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(Querist)
08 January 2019 Sir Mene bank se overdraft facility li hai. And me us per interest pay kar rhi hu. Mera tan no bhi hai. Kya muje TDS on interest deduct karna chahiye?. If yes per muje deduct nhi karna ho to uske liye non deduction of TDS ka kya procedure hoga. Please do the needdful. Thanks
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Ravikant

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Ravikant (Expert)
08 January 2019 TDS is not applicable.
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
08 January 2019 TDS not applicable for interest paid to Banking Companies.




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