tds on interest on partner capital

This query is : Resolved 

30 March 2017 Sir whether tds is deducted on interest on partner capital

30 March 2017 No TDS deducted on interest on partners capital.

30 March 2017 Please see section 194A(3)(iv) of the Income tax Act,1961.

30 March 2017 Thank you sir

30 March 2017 No need to deduct tax vide section 194A(3)(iv)of the Income tax Act,1961.


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