Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 October 2012
Housing loan Sanctions & disburset to an individual in India by city bank.
Payament of housing loan interest by individual to city bank is subject to TDS U/s 195 or not????
Payament of housing loan interest by individual to city bank is subject to TDS U/s 195 or not????
29 October 2012
No, EMIs towards repayment of loans are not subject to TDS despite the fact that an EMI has both the principal & interest.
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