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TDS ON INTEREST

This query is : Resolved 

16 March 2020 Dear Sir / Madm

My client has taken loan from HDB Financial Services for purchase of lorry for business purpose i have paid monthly installment. when i have paid installment and interest, can interest attracts TDS or not. whether i have to made TDS on interest or not pl suggest me

ND (Expert)
16 March 2020 Interest will be subject to TDS.


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