what would be TDS implication on interest on unlisted debentures?
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Quick Summary
This discussion clarifies the Tax Deducted at Source (TDS) implications for interest paid on unlisted debentures, referencing Section 193 of the Income Tax Act. It highlights that a 10% TDS rate applies to interest on both convertible and non-convertible unlisted debentures, provided the interest amount exceeds Rs. 5,000.