a private limited company had returned the share application money with interest as it has paid after many days...
so here the interest amount repaid to shareholders ,tds applicable on the interest on application money refunded....
can u pls suugest..
tds applicable under 194 as if the amount if exceeds 5000...
tds appliacblity???
Menu
Interest paid on share application money refunded
Replies (1)
I think there is no coverage of such interest for TDS under section 194.
Recent Topics :
- “Income Tax Implications of Company-Related
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
- Difference between AIS and 26AS data.
- Applicability of FCRA to Article Processing Fees (
- GST Return
- Practical queries on buy back of shares
Related Topics :
CAclubindia
