sir,
A proprietor company has received Loan from Individuals.
what is the applicability of TDS.
Regards
Naadimuthu
TDS is charged on loans according to the provisions that fall under Section 194A of the Income Tax Act, 1961. Tax Deducted at Source is charged not only on secured loans but there is also a TDS on interest on unsecured loans.
Naveen Fintech Pvt Ltd
Kolkata
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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