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Tds from interest paid to bank

TDS / TCS 608 views 3 replies

We are paying Interest  in foreign currency to the bank which is Indian Bank. eg. Punjab National Bank - Scotland etc.

TDS u/s 195 applicable or not.

Replies (3)

Payee is Indian Company

Sorry, please read as payer is Indian Company

No TDS in case deductee/payee is a Bank...


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