Tds
This query is : Resolved
jyoti jindal
(Querist)
08 January 2019
Sir Mene bank se overdraft facility li hai. And me us per interest pay kar rhi hu. Mera tan no bhi hai. Kya muje TDS on interest deduct karna chahiye?. If yes per muje deduct nhi karna ho to uske liye non deduction of TDS ka kya procedure hoga. Please do the needdful. Thanks
KAVIRAJA ADDANGADI
(Expert)
08 January 2019
TDS not applicable for interest paid to Banking Companies.
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