tds on interest borrowed for houseproperty


This query is : Resolved 

05 November 2008 Is it required to deduct tds on interest paid on borrowed capital for consturction/acquisition of house property in order to get deduction u/s 24 (ie interest on borrowed capital), where interest payable to a resident. and what is the limit of interest to deduct tds

05 November 2008 Pl checkup the facts of the case with the provisions of section 194A of the incometax act,1961 and if the facts fits in deduct accordingly.


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