Director
This query is : Resolved
20 February 2015
CAN WE PAY INTEREST ON UNSECURED LOAN & SALARY TO DIRECTOR IN SAME FY??
20 February 2015
Yes ,
You can pay interest & salary in the same FY.
But the thing is that you should deduct TDS on Interest U/S 194A on interest given on loan.
& tds u/s 192B on Salary.
Regards
You can pay interest & salary in the same FY.
But the thing is that you should deduct TDS on Interest U/S 194A on interest given on loan.
& tds u/s 192B on Salary.
Regards
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