Tds on interest

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 April 2013 SIR

PLEASE LET ME KNOW IF I M RUNNING A PROPRIETOR SHIP FIRM AND MY TURNOVER UNDER TAX AUDIT , IN THAT CASE SHOULD I DEDUCT TDS ON INTEREST GIVEN TO UNSECURED LOAN.

PLEASE EXPLAIN

THANKS & RGDS

MUKESH KUMAR

21 April 2013 If you file was subject to Tax Audit during Previous Year then you need to deduct TDS on Interest paid by you otherwise not.


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