Tds

prakash kumar singh (CA Final) (491 Points)

06 March 2015  
Introduction-I am a proprietor in a firm and have taken TAN no. In the name of that firm. Now I am purchasing a property in my personal name and 4 that, I have taken unsecured loan in my personal name. On that loan I am paying interest of Rs. 20000/- appx.. Now my query is whether I have to deduct TDS on that interest payment ? If yes, then how ?