Whether TDS to be deducted on Interest on Partners Capital?
This query is : Resolved
29 May 2010
Whether TDS to be deducted on Interest credited to Partners capital account under section 194A of the Income Tax Act. Please clarify.
Thanks in advance
Thanks in advance
CA. B.SRINIVASULU
(Expert)
29 May 2010
TDS need not be deducted.
TDS need not be deducted.
29 May 2010
AGREE. TDS NOT TO BE DEDUCTED.
29 May 2010
agreed.
29 May 2010
agreed.
29 May 2010
agreed.
CA Ashok Kumar Sahu
(Expert)
29 May 2010
not require tds
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