Tds on repayment of loan
This query is : Resolved
Ganesh Patil
(Querist)
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
Thanks in Advance,
Ganesh
CA PARAS BAFNA
(Expert)
24 July 2013
In case of interest payment to Private Financiers -TDS is deductible.
.
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