Tds

This query is : Resolved 

13 August 2012 An assessee (individual) was covered under 44AB in the preceeding financial year. Should he deduct TDS for interest paid in the current financial year in his personal books.

13 August 2012 Yes he should deduct TDS provided the threshold limit u/s 194A is crossed.

13 August 2012 YES,AGREE WITH ABOVE EXPERT...

13 August 2012 An individual who is convered u/s 44AB then he is liable to deduct TDS.


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