A government company (100% capital owned by govt.) had issued long term bonds during FY 2009-10. On such bonds, it paid interest on application money to the investors. Under which section ( 193 or 194A ) is TDS required to be deducted?? Assume such interest is paid to another company...
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TDS on application money
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194A....If Goes More Than 5000/- @ 20% in UR Case
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