Tds


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Querist : Anonymous

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Querist : Anonymous (Querist)
03 April 2014 can any (person) deduct tds on unsecurd loan i.e. loan taken form relative.

if bank interest rate = 10%

loan taken form relative at verious interest rate =(interest free-0%) 5%, 10%, 15%, 30%.

Rupesh Jain (Expert)
03 April 2014 if interest amount above Rs. 5000/- paid in year then TDS to be deducted @ 10%


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