Poonawalla fincorp
Poonawalla fincorp

194a tds query

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(Querist)
11 December 2015 interest paid by individual ( covered under 44ab) to Publice sector undertaking (IOC) or nbfc are liable to deduct TDS under 194A???
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
11 December 2015 Yes TDS required to be deducted u/s 194A.

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