Dear All,
I would like to ask all the experts that one of our party who give up us money as a unsecured loans and the party residents to United State of America not we have to pay them interest according the deed now matter is TDS is liable to the interest payment to party if yes than what is the percentage for deductions waiting for correct reply.
Thanks in advance
Amit Kumar
Hi,
you need to clarify 3 things:-
- Date of money borrowed.
- Is there a loan agreement.
- Is the money borrowed in foreign currency.
Mail or PM me.
AJH & CO.
anubhavjain @ ajhco.in
9868729930
Hi,
you need to clarify 3 things:-
- Date of money borrowed.
- Is there a loan agreement.
- Is the money borrowed in foreign currency.
Mail or PM me.
AJH & CO.
anubhavjain @ ajhco.in
9868729930
Hi,
you need to clarify 3 things:-
- Date of money borrowed.
- Is there a loan agreement.
- Is the money borrowed in foreign currency.
Mail or PM me.
AJH & CO.
anubhavjain @ ajhco.in
9868729930
Dear Anubhav Sir,
Loan was taken before a year and there is no deed was made for this and money was taken in indian currency. I think how we can deduct the tds because creditor's pan is from usa and there is no record in indian government. than how Income Tax Department can issue TDS Certificate please explain it waiting
Thanks in advance
Amit kumar
Hi,
Kindly mail me the query and details.
AJH & CO.
anubhavjain @ ajhco.in
Hi,
I would like to tell you that if no PAN no is available. you need to deducttax at 20 %.
For any furthe rquery PM or mail me.
AJH & CO.
anubhavjain @ ajhco.in
CAclubindia
