Tds on intt.
This query is : Resolved
Sanjay Agarwal
(Querist)
26 September 2011
Dear Sir,
my query is that we are a real estate company and we have take a loan for ecoo-van for rs.2,50,000/- and i am paying the principal amount with intt to tata capital limited so sir is there any liability of deduct tds of tata capital limited .........
Thanks in advance................
my query is that we are a real estate company and we have take a loan for ecoo-van for rs.2,50,000/- and i am paying the principal amount with intt to tata capital limited so sir is there any liability of deduct tds of tata capital limited .........
Thanks in advance................
CA Navin Jain
(Expert)
26 September 2011
YES, NEED TO DEDUCT TDS ON INTEREST AMOUNT.
CA Vishal kapoor
(Expert)
26 September 2011
HI Sanjay,
Yes you hav to deduct TDS on Interest portion of the Installment & also make sure that the TDS deducted (on interst )by your company will paid you back by tata Capital at the year end or as mutually decided with the co.
Yes you hav to deduct TDS on Interest portion of the Installment & also make sure that the TDS deducted (on interst )by your company will paid you back by tata Capital at the year end or as mutually decided with the co.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Reward for festival
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Rectification under processing even after 6 months cpc portal
- Appointment of Auditor By Form ADT-1
- Rent agreement of House of deceased person
- Import of Capital Machine
- TDS Return Statement Status
- Closer of business and itc of capital goods
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
