Unsecuerd loan

sir,
I take 400000/- from realative as unsecured loan @ 5% interest.
how I will pay installment. is there tds applicable.
Replies (3)
Quick Summary
This discussion clarifies whether Tax Deducted at Source (TDS) applies to unsecured loans taken from relatives. Generally, TDS is not applicable for individual-to-individual loans. However, if the loan is for business purposes and the business turnover exceeds Rs. 1 crore, TDS might be applicable. The query also touches upon how to manage loan instalment payments.

Individual to individual no TDS
TDS is not applicable, unless you have taken it business and business turnover exceeds Rs. 1 cr
No TDS will be applicable

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details