Applicability of TDS

This query is : Resolved 

17 December 2008 Dear Sir/madam,

would you please tell me that the interest paid to Non finacial public insutitutions (kotak mahindra, inian bulls etc ).will attract the provisions of TDS.

17 December 2008 Any banking company to which the Banking Regulation Act, 1949 applies no need to deduct TDS, otherwise TDS will be attracted.


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