Hi All,
I am working in a pvt. Ltd. Co. My company has availed unsecured business loan from Tata Capital Limited. Can anybody please guide me for whether to deduct TDS on interest portion of EMI. OR Interest paid on loan to Tata Capital is exempted from TDS being NBFC.
Please reply as i've recd. a letter from tata capital as general reminder to deposit the tax deducted and issue TDS certificate on relevant dates.
thanks,
Sandeep
TDS applicable
You have to deduct tds on interest portion of Loan paid to tata capital ltd. u/s 194A.
Hi
I am working in a pvt. Ltd. Co. My company has availed unsecured business loan from Tata Capital Limited. Can anybody please guide me for whether to deduct TDS on interest portion of EMI. OR Interest paid on loan TDS Applicable of not
.
thanks,
TDS will applicable u/s 194A @ 10% for interest paid to TATA CAPITAL ....
Hi,
Can i have the copy of the notification of the TDS as applicable u/s 194A
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