Tds rate com

initial rating fee to BANK loan tds company
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Quick Summary
This discussion clarifies the Tax Deducted at Source (TDS) rate applicable to bank loans for companies. The standard TDS rate is 10% under Section 194JB of the Income Tax Act. However, it's important to note that this rate may differ if the loan is part of a contract for clients.

10% u/s. 194JB, unless its contract for clients..

Thanks

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