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Interest paid

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31 March 2018 Dear Experts

a Pvt Ltd Company received a loan from directors in FY 2017-18 , the company provision the interest @ 12% PA of Director Loan A/c , this interest company is liable to deduct TDS u/s 194A @ 10% OR in company & Director relationship not covered the TDS u/s194A
Please clarify the same

Thank you

31 March 2018 TDS is required to be deducted. No, exemption available.



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