Tds dedection

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Ravindra Kumar (Querist)
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07 October 2011 I (have a LTD. Co.) pay the interest to Kotaka Mahindra prime ltd. & HDFC Bank Ltd. on EMI of car Loan. Should i deduct the TDS of both bank? please suggest me.

CA Chitresh Gupta

CA Chitresh Gupta (Expert)
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07 October 2011 No TDS needs to be deducted in both the cases.

Regards

Chitresh

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Tds dedection

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