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TDS on Interest on capital in LLP

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(Querist)
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?
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
21 March 2023 No TDS deduction is applicable by the LLP while making payment of interest and remuneration to LLP Partners.
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Dimpy

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Dimpy (Querist)
21 March 2023 Thank you for revert



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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
21 March 2023 You are welcome.

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