banner_ad

194A

This query is : Resolved 
Profile Image

Profile Image

(Querist)
09 March 2009 We have taken unsecured loan from NRI.

We paid interest against unsecured loan

more than 1Lakh every month. Just I want

know is there any TDS will applicable and

which %? we have in Under Tax Audit.
Profile Image

CA. B.SRINIVASULU

Profile Image

CA. B.SRINIVASULU (Expert)
09 March 2009 TDS is surely applicable.

Have taken in Foreign currency or indian rupees.

If you have taken in foreign currency and paying interst in foregin currency in certifiate given by ca what is mentioned for tds.

If you have paid in indian rupees now you deduct tds and pay before 31st march.
Profile Image

CA.SHAHZAD SAYYED

Profile Image

CA.SHAHZAD SAYYED (Expert)
09 March 2009 % of TDS u/s 194A
1)if NRI is Individual, firm etc.
11.33% (i-e with surcharge only for individual for firm etc. Rate will be 10.3%)
2)if NRI is Company
20.6% (i-e without surcharge, beause payment is less than Rs.1 cror)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details