When a govt. company (A Ltd) is paying interest to the government for the loan taken by A Ltd, then should A Ltd, Deduct Tax at Source on the interest payment made by the company (A Ltd)?... Please support your answers... very urgent.....
Menu
TDS on interest to Government
Replies (2)
Pls once again ask question with clarity. if you pay interest to either Govt. Of. India, or any other state Govt. There is no need to deduct tax.
Any Payments made to State Governments or to Central Government there is no need to Deduct tax at source.
Recent Threads
- Un claim ITC
- Form 49AA - OCI card holder applying for PAN card
- Section 54f and Sale between father and Son.
- Demat of shares of private limited company
- Income only with share market around 5-6 lack
- Missed GST Reporting for March 2025
- Future and Option Turnover
- Outstanding demand
- Error in filing income tax return
- DRAFT - DIRECTOR's REPORT OF BASE LAYER NBFC
Related Threads
CAclubindia
