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Tds query

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(Querist)
31 December 2012
My query is a assessee is a partnership firm whether TDS to be deducted on interest paid to individual who has given loan to partnership firm.
If yes whether there is any monetary limit.
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CA Manish

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CA Manish (Expert)
31 December 2012 Yes,
Limit 10000
Rate 10%
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james

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james (Querist)
02 January 2013 If i have taken a form 15g and none of the person income is higher than income tax slab rate.




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