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TDS on interest charged by bank

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(Querist)
10 May 2008 Whether Tds should be deducted on interest charged by ICICI Bank, HDFC Bank, India Bulls,Cholamandalam DBS Finance Ltd.on term loan, CC limit or any other outstanding.
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CA Hemant T Dewani

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CA Hemant T Dewani (Expert)
10 May 2008 tds is not deducted of the above banks

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