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Tds on interest

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09 November 2012 Whether company has to deduct TDS on interest part of Car Loan EMI? the said loans are from Reliance capital ltd.,& L&T finance Ltd, Diamler Financial Services India Ltd.etc & all installment paid by advance cheque. will interest on that would attract provision of tds ????




Thanx..

10 November 2012 Hi,

You will have to deduct tds.



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