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Tds for interest payment for loan from group company

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(Querist)
15 May 2019 Request you to kindly guide us,

We received Loan from group company, we have to payment month interest for the same.

Shall we deduct TDS for the same, if yes under which section should be used and what percentage should be used.

Thanks
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
15 May 2019 Yes TDS to be deducted u/s 194A @10%

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