Tds on interest -

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 August 2012 Dear All,

My company has borrowed Hand loans ranging 1 crore to 2 crores from different people like individuals & Private finace agancy's..

now what is the TDS applicablity on in interest portion of
1) Individuals
2) Private Finace Agency

Best Regards

29 August 2012 Applicable section 194A.

1) Individuals @10%
2) Private Finance Agency @10%.

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 August 2012 Thanks Sanjay


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