tds on interest

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 May 2011 i want to know whether tds is deductible on the interest paid to partner on capital by the partnership firm ?

28 May 2011 no tds not deductible intrest paid to partner

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 May 2011 sir reason for the same


28 May 2011 It is not to be deducted as provided in Section 194A(3)(iv) of the IT Act.



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