tds on interset


This query is : Resolved 

03 March 2009 sir my question is Mr.X is a director to ABC co. and he gives loan to company for interest and that interest comes to RS.15000 every month. Whehter TDS to be deducted on interest on loan given by director to company.whether TDS to be deucted on Event mangement. if yes what is the rate of TDS.

03 March 2009 Yes tax is to be deducted from loan interest.

03 March 2009 Yes, TDS is deductible on interest on loan.
What is the nature of payment for event management. Probably this should be covered in 194C with a rate of 2% plus education cess


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
11 August 2026
COMPLIANCE EXECUTIVE

YMW COMPLIANCE SERVICES LLP

Others

CA Final

View Details
Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details
Company
21 August 2026
Accountant

A G International

Kolkata

B.Com

View Details
Company
ARTICLESHIP 05 August 2026
CA associate

Arun Deepak and Company

New Delhi

CA Inter

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details