Hello ,
TDS deducted on interest paid for Loan taken for Medical Equipment financing from a Ltd Company.
1.Can we claim reimbursement of TDS Paid from the company ?
2. Under what section the Tds is deducted U/s. 194 A as it doesn t fall under banking regualation act ?
Reimbursment??
and yes, tax will be deducted under section 194 A :)
You have paid inetrest on loan taken so you are liable to deduct TDS u/s 194A.
| Originally posted by : CMA. Sanjay Gupta | ||
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You have paid inetrest on loan taken so you are liable to deduct TDS u/s 194A. |
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