Tds u/s 194

This query is : Resolved 

23 June 2012 Two partnership firm having common partners

out of which a firm has given unsecured loan to another firm

then whether the TDS is applicable or not on interest on such unsecured loan paid by such firm to another firm....

23 June 2012 TDS will be deducted u/s 194A if the amount of interest exceeds Rs. 5,000 during the year.


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