TDS

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Does TDS need to be deducted for payment of interest to a company which is a subsidiary of Banking Company??

To be very specific does TDS need to be deducted for payment of interest to Kotak Mahindra Prime Ltd??

 

Thanks in advance

Replies (1)

ya.

If the interest made by the holding KOTAK is exceeding Rs 10,000, TDS to be made.

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