tds on interest paid for car loan emi
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 June 2011
interest paid for car loan is attracted to tds ????
17 June 2011
If Car Loan is availed from banking company to which the Banking Regulation Act 1949 applies, no need to deduct TDS.
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Querist : Anonymous
Querist :
Anonymous
(Querist)
18 June 2011
if loan taken from kotak mahindra prime ltd???
18 June 2011
TDS to be deducted u/s 194A @ 10%.
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