05 January 2013
Mr.P is prop. of A Co. and he is taken TAN, he is taken loan in personal file he paid interest on loan but he is not deducted tds there on
my Question TDS deductible or not when loan in personal account not in firm
06 January 2013
TAN No is allotted to the Individual and if his prop. firm is under tax audit in the preceding financial year, he has to deduct TDS on interest paid, even from personal account.