TDS on Bank Loan

can u give me a tds chart containing various tds rates n limits?thanks a lot..

Not Applicable

Obtain an exemption certificate if issued to recepient bank u/s 197 of the IT Act, 1961. Many banks would have taken exemption certificates, but you never know, so take a copy and then act accordingly. 

tds is not applicable in interest paid to banking company

int is paid to bank so Tds not applicable !!!

Tds provision not applicable.

All members are requested to to see that 194A is applicable to resident person only.

Standard chartered bank is not resident in India

 

Its ok but you can not deduct tds on interest paid to bank.

since 194A deals with resident payments only

Question of exemption given under sec 194A applies to indian banking companies only.

 

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