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TDS DEDUCTION ON PAYMENT OF LOAN TO DIRECTOR

This query is : Resolved 
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(Querist)
26 May 2025 Dear Sir,
My client is a private limited company that pays a loan to one of its directors amounting to INR 12,50,000/-. The amount is transferred to the concern in which the director is a proprietor. Is any TDS required to be deducted at the time of payment/transfer? Kindly specify.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
26 May 2025 if it is a loan, then no tds applicable for disbursement.
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