TDS on Interest on capital in LLP


This query is : Resolved 

Quick Summary
This discussion clarifies the applicability of Tax Deducted at Source (TDS) on interest paid to partners in a Limited Liability Partnership (LLP). The consensus is that LLPs are not required to deduct TDS when making payments of interest or remuneration to their partners.

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?


21 March 2023 No TDS deduction is applicable by the LLP while making payment of interest and remuneration to LLP Partners.

21 March 2023 Thank you for revert

21 March 2023 You are welcome.


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