26 September 2011
Dear Sir, my query is that we are a real estate company and we have take a loan for ecoo-van for rs.2,50,000/- and i am paying the principal amount with intt to tata capital limited so sir is there any liability of deduct tds of tata capital limited .........
26 September 2011
HI Sanjay, Yes you hav to deduct TDS on Interest portion of the Installment & also make sure that the TDS deducted (on interst )by your company will paid you back by tata Capital at the year end or as mutually decided with the co.
CAclubindia
