TDS ON INTEREST PAID TO TIIC

TDS / TCS 960 views 8 replies

We are paying Interest to TIIC for Term Loan .  Whether TDS to be deducted on the Interest paid to TIIC.  Kindly clarify.  Thanking you in advance

 

Regards

Vaidhyanathan

Replies (8)
I think no TDS is to be deducted on interest payment on term loans to TIIC as it is a Tamil Nadu State Government undertaking.
TDS not applicable Mr Vaidhyanathan...

TDS NOT APPLICABLE FOR INTEREST PAID TO TIIC...

Thanks for the reply

Thanks for the reply

You are most welcome...
All participants are also most welcome. 👍
Originally posted by : VAIDHYANATHAN PV
Thanks for the reply

You are welcome


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