Deduction of tds
This query is : Resolved
19 March 2013
Dear Sir,
I pay interest Rs.25000 to a Good Supplier whom to I purchases Good, for Let payment
Can I liable to Deduct TDS from this Interest?
I pay interest Rs.25000 to a Good Supplier whom to I purchases Good, for Let payment
Can I liable to Deduct TDS from this Interest?
19 March 2013
Rs.25000 if paid for the purchase of goods then no need to deduct TDS.....if paid for interest then TDS to be deducted under sec.194A@10%
19 March 2013
I pay rs.25000 as a Interest for lat payment to the supplier
19 March 2013
TDS is to be deducted
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