Interest on loan
This query is : Resolved
23 August 2014
is tds applicable interest on ecb loan?
23 August 2014
yes it is applicable........................
Message likes :
1 times
23 August 2014
which u/s sir? how to calculate?
23 August 2014
you need to deduct TDS under section 195. the interest rate will depend on the provisions of DTAA
Message likes :
1 times
23 August 2014
in addition, refer to section 194LC. the rate beneficial to payee (ie between 194LC and DTAA) shall be applicable.
23 August 2014
refer https://taxguru.in/income-tax/tds-tax-rate-interest-income-nonresident-redued-5-20.html for 194LC application
Message likes :
1 times
23 August 2014
Thank You for replying me sir
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
- CAPITAL GAIN REDEVELOPED FLAT
- Multiple payment of self assessment tax for A Y 2025-2026
- CLOSING STOCK QUERY
- Requirement under FEMA &RBI
- REGARDING ITR FILING QUESTION
- DUE DATE FOR ITR FILING
- GST ISD Query on various AMCs
- Query regarding reporting of exempt foreign remuneration in ITR
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- ITC BENEFIT ON BROKRAGE PAID
- 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
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
