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Interest on laon in non audit

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40 Points Joined August 2018
hello,
if we are giving interest on individual loan in proprietorship firm above specified limit under non audit case then tds applicable??
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On 16 March 2024 at 11:49 Report
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Finance
4566 Points Joined September 2020
  • TDS applies to interest earned from various sources, including:
    • Fixed deposits
    • Bonds
    • Unsecured loans
    • Loans and advances
    • Payments to Non-Banking Financial Companies (NBFCs)

TDS not applicable on Interest on Securities for Non audit companies 

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On 16 March 2024 at 14:06
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40 Points Joined August 2018
Doubts not clear ,pls clarify if there is non audit firm and paying interest on unsecured loan, commission, then tds applicable ?
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On 18 March 2024 at 12:47
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Profession Business
28196 Points Joined May 2017
Interest on loan in non audit
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On 18 March 2024 at 15:56

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