TDS U/s. 194A


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15 October 2010 If a company taken a loan from Bajaj Finance & regularly pay the interest(interest amount exceeds Rs. 10,000/-) to the said financial institution, in this case whether TDS u/s. 194A required to be deducted or not...?

15 October 2010 194A squarely applies.

15 October 2010 Do check if the inst. to whom interest is being paid is covered u/s 194A(3)(iii)(f) of the IT Act.

16 October 2010 Not covered under section 194(3)(iii)(f). TDS u/s 194A applies.


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