Tds liability

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10 Points Posted on 11 March 2021
upto what amount TDS is not to be deducted while paying interest against loan taken
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On 11 March 2021 at 15:53 Report
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This discussion clarifies the rules around Tax Deducted at Source (TDS) when paying interest on a loan. Generally, TDS is not required if the total interest paid in a financial year does not exceed £5,000. This exemption specifically applies to individuals who are paying the interest.

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student
36 Points Posted on 11 March 2021
Upto 5000 in a FY
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On 11 March 2021 at 20:17
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17269 Points Posted on 11 March 2021
No TDS if you are an individual interest payer
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On 11 March 2021 at 20:18

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