Easy Office
LCI Learning

Tds applicable on un secured loans for partner ship firm

This query is : Resolved 
Profile Image

Profile Image

(Querist)
17 September 2021 Sir,
A partnership firm cash loans rs:19,000/- * 20 different persons amount rs:3,80,000/- received.(un secured loans)
Question:
A partnership firm cash loan received persons amounts interest pay amounts tds applicable in it act.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
18 September 2021 TDS applicable if threshold exceed.
Profile Image

kollipara sundaraiah

Profile Image

kollipara sundaraiah (Querist)
18 September 2021 interest each person rs:2280*20 persons tds



Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
18 September 2021 TDS not applicable in such a case.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links