tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 May 2010 we have running bussiness from partnership structure,
partner hs employed money in firm, firm should pay intrest on this capital,
i want to know that on this intrest tds is applicable if it is what is rate of that

12 May 2010 Interest paid or credited by a partnership firm to its partners is not liable for TDS.

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 May 2010 thank u for reply,


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