Tdfs

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 September 2013 whether tds is applicable for interest portion included in emi for loan from banks?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
09 September 2013 no tds is applicable.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
09 September 2013 No. TDS deduction is required If the amount is paid or credited to A banking company to which the Banking Regulation Act 1949 applies.
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