Tds deduction on int
This query is : Resolved
18 February 2011
is this right to deduct TDS on EMI paid to Standard chartered bank.
18 February 2011
no it is not right.
Guest
Guest
(Expert)
18 February 2011
Standard chartered bank is a banking company and therefore, no TDS should be deducted. Morever, interest is always deducted from interest portion only.
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