My company has taken a loan from reliance home finance and i want to know whether TDS needs to be deducted?
If yes, at what rate and exemption limit.
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Tds on payment of loan interest
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I think TDS should be Deducted U/s 194A. If you are banking Co. then limit is Rs. 10000/- but if you are Other then that them limit is Rs. 5000/- .
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