interest income
This query is : Resolved
20 November 2008
sir,
one individual assesse paid to interest for annum rs.1,00,000/- receiver person is also individual
the above deal is tds applicable or not.
one individual assesse paid to interest for annum rs.1,00,000/- receiver person is also individual
the above deal is tds applicable or not.
20 November 2008
If the person who paid the interest is liable to get his accounts audited u/s 44AB i.e if his business income exceeds 40L then he is liable to deduct the TDS
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