Applicability of tax deduction on while purchasng of Bonds
This query is : Open
07 January 2011
we have RPF trust, We are investing funds in to various institutions, my question is while we are purchasing bonds/shares we are paying accrued interest to the concerned agent or some party , wether that interest is subject to deduction under 193 or 194A? can you clarifiy any one , uegent .
09 January 2011
Yes u/s193 applicable for securities/ debentures Pl c section for details. For other than interest on securities 194A will be applicable
18 January 2011
Actully i want it know Reimbursement of Interest on Bonds or Securities is subject to deduction of Tax
Eg: if we purchased securities from "xyz" lets take interest period will be July to Dec. If i purchase from "xyz" on oct , ihave to reimbuse interest for Jul to sep to Xyz. is that taxable u/s 193 or 194A
Eg: if we purchased securities from "xyz" lets take interest period will be July to Dec. If i purchase from "xyz" on oct , ihave to reimbuse interest for Jul to sep to Xyz. is that taxable u/s 193 or 194A
18 January 2011
Actully i want it know Reimbursement of Interest on Bonds or Securities is subject to deduction of Tax
Eg: if we purchased securities from "xyz" lets take interest period will be July to Dec. If i purchase from "xyz" on oct , ihave to reimbuse interest for Jul to sep to Xyz. is that taxable u/s 193 or 194A
Eg: if we purchased securities from "xyz" lets take interest period will be July to Dec. If i purchase from "xyz" on oct , ihave to reimbuse interest for Jul to sep to Xyz. is that taxable u/s 193 or 194A
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Sales of goods of amount Rs77 lakhs to a party
- ITR-3 - How to show loss in 65(i) - (iii) under under Part A - P & L section and sub section 65?
- Value of Perquisite Tax Borne by Employer
- Query related to CA/CS/CMA Firm
- Automatic MIS from Tally ERP
- Schedule Dpm under 44ada no account casr
- Taxability and TDS treatment on Crypto futures
- Rejection of application U/s.119(2)(b) by PCIT
- TDS Retunr Statement Status
- Suggest proper Tax & TDS applicability on Crypto Futures
- FOB freight
- GST applicability on Shipping charges
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
