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Loan

This query is : Resolved 
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(Querist)
14 October 2013 Hi Expert,
Giving loan to staff subject to Interest / TDS or not
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Anwar Khan

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Anwar Khan (Expert)
15 October 2013 It is not mandatory to Charge interest on loan given to staff .if you have charge interest on given loan and interest amount are more than 5000/ than you are laible to deduct tds
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