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TDS ON INT EREST ON LOAN

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(Querist)
03 April 2008 TDS ON INTEREST ON LOAN.TERMS OF AGREEMENT ARE INTEREST TO BE ACCRUED ON HALF YEARLY PAYABLE BY THE END OF 18 MONTHS .DATE OF AGREEMENT IS 12TH DEC 2007.WHAT IS THE POSITION ON 31ST MARCH 2008.HOW THE TDS SHOULD BE DEDUCTED,WHEN IS THE DATE OF DEPOSIT FOR THE RESPECTIVE DEDUCTION
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
04 April 2008 TDS has to be on accrued interest.
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CA Saurabh Maheshwari

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CA Saurabh Maheshwari (Expert)
04 April 2008 TDS TO BE DEDUCTED ON ACCRUED INTEREST
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