TDS issue related


This query is : Resolved 

Quick Summary
This discussion clarifies whether Tax Deducted at Source (TDS) needs to be applied to interest payments made on a Bajaj Finserv flexi business loan. The consensus is that TDS is indeed applicable. Furthermore, it is confirmed that there is a threshold limit for TDS deduction, set at £5,000.

(Querist)
14 September 2022 Interest paid by business man on bajaj finserv flexi business loan is liable to deduct tds on interest payment?

14 September 2022 Yes, TDS applicable...


Nagaraja C (Querist)
14 September 2022 Is there any threshold limit for deduction of TDS?

14 September 2022 5000 is the threshold.............


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