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Tds on trade advance

This query is : Resolved 
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(Querist)
22 June 2012 DO WE NEED TO DEDUCT TDS WHEN INTEREST IS PAID AGAINST TRADE ADVANCE??????
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CA PRAVEEN SINGH

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CA PRAVEEN SINGH (Expert)
22 June 2012 TDS IS TO BE DEDUCTED U/S 194A..
INTEREST OTHER THAN INTEREST ON SECURITIES.@10%.
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CA Ankit Bhutoria

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CA Ankit Bhutoria (Querist)
22 June 2012 can u tell me where exactly to search this in act or on net
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CA PRAVEEN SINGH

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CA PRAVEEN SINGH (Expert)
22 June 2012 NET SHOWING DIFFERENT ACT ??????

ACT SHOWING DIFFERENT ACT?????
WHAT DO YOU THINK MR ANKIT

CLEAR?????
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CA Ankit Bhutoria

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CA Ankit Bhutoria (Querist)
22 June 2012 not clear boss
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CA Ankit Bhutoria

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CA Ankit Bhutoria (Querist)
22 June 2012 can u elaborate
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Ki$hor B

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Ki$hor B (Expert)
22 June 2012 TDS is to be deducted on advances paid.


@ Praveen's reply: that's a doozy!!
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