payment of interest
This query is : Resolved
07 July 2010
sir,
any person who pays interest , has to deduct TDS ,how fwr this statament is true.
(fixed deposit,inerest paid on loan,)
whats' HAWALA , i heard that people brought there money in through HAWALA to avoid tax liability
any person who pays interest , has to deduct TDS ,how fwr this statament is true.
(fixed deposit,inerest paid on loan,)
whats' HAWALA , i heard that people brought there money in through HAWALA to avoid tax liability
09 July 2010
Statement is true but it is not applicable on Individual & HUF, whose turnover during the previous year does not exceeds Rs. 40lakh.
for HAWALA let the express views to others.
regards!!!
for HAWALA let the express views to others.
regards!!!
Dhirajlal Rambhia
(Expert)
31 July 2023
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Capital Gail Exemption Certificate
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Transfer of Physical Stock Between Two Proprietorship Concerns
- MSME disclosure and disallowance
- Taxation of crypto futures in India Fy 2026- 2027
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
