Dear Sir, i have a question, if a company have taken loan from their shareholder and company are paying INR 15000/- to the shareholder as interest on loan amount, but the company did not deduct the TDS on interest payment because at the time of loan amount receiving, shareholder was said that i will give to you (Comapny) 15G form (FY-2016-17) so plz do not deduct the TDS, but still we did not get the 15G and FY 2016-17 has ended, and now shareholder are saying that i cant give the 15G bcz my income are coming uder taxable... so plz tell me what can do the company in this case....
CAclubindia
