Tds on inter co. loans

TDS 478 views 2 replies

Hi,

 

Is TDS u/s 194A applicable  on inter corpoartes loans (Loan is given to an associate company).

 

Regards,

Subhash

Replies (2)

Yes. TDS will be deducted from the interest amount on inter corporate loans. It does not dfalls under exceptional category.

Thank You...


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