TDS on Interest on capital in LLP
This query is : Resolved
Quick Summary
21 March 2023
Is TDS applicable on interest on capital to partners in LLP? I feel it's not applicable in partnership firm but can someone confirm about LLP?
Dhirajlal Rambhia
(Expert)
21 March 2023
No TDS deduction is applicable by the LLP while making payment of interest and remuneration to LLP Partners.
Dhirajlal Rambhia
(Expert)
21 March 2023
You are welcome.
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