TDS RATE ON UNSECURED LOAN INT

MEENA VIVEK (247 Points)

29 May 2020  
I AM ONE OF THE DIRECTOR IN DOMESTIC COMPANY.I HAVE GIVEN UNSECURED LOAN TO THE ABOVE COMPANY ABOUT Rs.2000000/ FOR THAT THE COMPANY HAVE PAID INTEREST TO ME EVERY MONTH.TDS TO BE DEDUCTED IN THAT AMOUNT OR NOT.THEN THRESHOLD LIMIT IS HOW AND WHICH RATE OF RATE OF TDS DEDUCTED.