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Tds on interest

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(Querist)
21 August 2018 Whether salaried individuals whose income exceeded the basic exemption limit is required deduct tax on the interest paid to another individual from whom loan was taken for housing purpose??
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
21 August 2018 No. Corollary to 194A(1) proviso.

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