Tds deduction

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Querist : Anonymous

Querist : Anonymous (Querist)

07 September 2013 amount paid to credit co-op society against term loan interest TDS is to be deducted under which section ..or TDS needed yes or not

CMA Ramesh Krishnan (Expert)
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08 September 2013 TDS not apply for the interest payment to credit cooperative society carrying business of banking (ref:194A)

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