TDS on Bank Interest
This query is : Resolved
20 February 2010
If we repay the bank loan in which interest is inclueded. Is there need to deduct TDS on Interest or not?
20 February 2010
Not require to deduct TDS on interest paid to financial institution.
21 February 2010
Agreed. No TDS is to be deducted.
23 February 2010
agreed
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