Tds
This query is : Resolved
23 May 2014
Dear All,
IF I PAID INTEREST TO BANK OF RS. 150000/- IS THERE ANY NEED TO DEDUCT TDS ON INTEREST AMOUNT.
PLEASE ADVICE
IF I PAID INTEREST TO BANK OF RS. 150000/- IS THERE ANY NEED TO DEDUCT TDS ON INTEREST AMOUNT.
PLEASE ADVICE
23 May 2014
PAYMENT OF INTEREST MADE TO BANK IS EXEMPT FROM THE TDS LIABILITY U/S 194 A of the ACT
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23 May 2014
SIR THIS EXEMPT FOR BOTH BANK PVT & PUBLIC BANK ALSO
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