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TDS details

This query is : Resolved 

18 July 2010 Is it mandatory to deduct TDS for Interest on Loan which was received from a director /relatives of director?
a) In case a Pvt Ltd
b) In case a Public Ltd.

Regards,
S.jegadeesan

18 July 2010 Tax deduction is mandatory if the case is not covered under the exceptions contained in section 194A(3).

20 July 2010 Thank you so much Sir


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