Tds on repayment of loan


This query is : Resolved 

24 July 2013 I have to know whether TDS have been deducted on interest on loan repayment to Future Capital Hodings Ltd.(example) if the loan is taken against the any asset and it is secured . Please guide in this regard.

Thanks in Advance,

Ganesh

24 July 2013 In case of interest payment to Private Financiers -TDS is deductible.
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