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Tds on interest paid

This query is : Resolved 
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(Querist)
30 January 2013 I WANT TO KNOW, IF I M PAYING INTEREST ON LOAN OF STATE GOVERNMENT SUBSIDURY LIKE MIDC, GIDC FOR LAND...

WHAT ABOUT TDS?

I HAVE TO DEDUCT TDS OR NOT
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CA bhargava

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CA bhargava (Expert)
30 January 2013 NO.. PAYMENTS to banks and other financial institutions are not required deduct tds ., they are exempted

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