Tds deducted u/s 194A
Mandar Yagnik (4 Points)
04 February 2023
My Form 16A shows that tds of Rs. 320 has been deducted u/a 194A ? What does it mean?
4 Replies
deepak
(accountant)
(38 Points)
Replied 04 February 2023
Section 194A is applicable for TDS deduct for interest other than securities Like if you have given unsecured loan someone or any firm etc. then on interest amount it will deduct @ 10% on interest amount.
CA Rashmi Gandhi
(Chartered Accountant)
(86461 Points)
Replied 04 February 2023
It means TDS deducted by bank on Interest received on FDR.
sabyasachi mukherjee
(27732 Points)
Replied 06 February 2023
Tds deducted by bank
interest other than securities .
If you hv unsecured loan someone or any firm then on interest amount it will deduct @ 10% on interest amount.
interest other than securities .
If you hv unsecured loan someone or any firm then on interest amount it will deduct @ 10% on interest amount.
Recent Topics
- No tax liability certificate from PAN AO
- Missed TDS Deduction u/s194C in FY 2024–25:
- Declaration of employment status
- Revised TDS 24-25
- MCA V2 or 3
- Private Limited Company sales
- Build Your Future Safely with Post Office FD Schem
- Section 194T: TDS Application
- Hike in ATM charges effective from 1st May 2025
- Refund for excess TDS deposited under 26QC
Related Threads
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
