Tds on interest payment

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 May 2013 Dear Sir,

Our company have discounted the Sales Invoices with Individual Investors and paid the Interest charges on the same.

would like to know, should we have to deduct TDS on same u/s 194A or not ?

Please sugest.

Vijay Jain

07 September 2013 yes. TDS u/s.194A will apply your transactions

07 September 2013 yes. TDS u/s.194A will apply your transactions


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