TDS on EMI interest

Sadiq Hussain (CA-Final 2nd group cleared Senior Tax Executive-GES)   (92 Points)

17 November 2008  

Hai freinds,

                Is EMI interest  component paid on loan liable for TDS u/s 194A.  Payer & payee  are companies & it exceeds 5000.

Sadiq Hussain

CA-Final