We have finance a car through the bank . Banking company given us amortization table. I want to know about should tds
deducted on intrerest paid to banking compnay.
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Tds on interest paid to banking company
Replies (2)
There is no need to deduct TDS on interest paid to Banks regulating under the Banking Regulations Act, 1949.
Regards,
Devendra Kulkarnia
Thanks Devendra ji
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