tds on loan

This query is : Resolved 

16 November 2010 Tds applicable for Individual assessee for getting loan

16 November 2010 TDS applicable only if he is liable for audit u/s 44AB in the previous year.

16 November 2010 Further TDS is deductible on interest payable on loan u/s 194A @ 10% if the interest amount exceeds threshold limit of Rs 5000/-


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