Tds
This query is : Resolved
shafeek ali
(Querist)
21 July 2012
sir,
we are paying EMI for vehicles purchased 35000/
are we liable to deduct tax on monthly payment?
can we make deduction on last payments without deducting first payments
we are paying EMI for vehicles purchased 35000/
are we liable to deduct tax on monthly payment?
can we make deduction on last payments without deducting first payments
CA mahesh birla
(Expert)
21 July 2012
You are not liable to deduct TDS on Interest paid to Bank on EMI
SANYAM ARORA
(Expert)
21 July 2012
No you are not liable to Deduct
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