Menu
Unsecured loan interest
if a person takes loan from relative like brother,mother or wife what's the rate of interest to be paid to them.and tds provision for this interest. urgent
Replies (3)
It's a Blood relation with them, If you won't charge interest from them, then also it's okay.
or
if you want to charge interest from them, then it's your own discretion. TDS applicable as per 194A.
or
if you want to charge interest from them, then it's your own discretion. TDS applicable as per 194A.
From relative it's not applicable.
Ok thank u
Recent Threads
- Schedule 112A CSV template
- RNOR status and exemption on RFC account interest
- Upload error for ITR 2 filing after validation
- CCI Forum gets fresh Look ! Share your views
- Presumptive taxation 44AD BLOCK PERIOD
- FORM 27Q FILING
- TDS for Advance Maintenance
- GST on product purchased at MRP
- TDS on Joining Bonus
- How to complete form10E Table details for the year
Related Threads
CAclubindia
