Tds query


31 December 2012
My query is a assessee is a partnership firm whether TDS to be deducted on interest paid to individual who has given loan to partnership firm.
If yes whether there is any monetary limit.

31 December 2012 Yes,
Limit 10000
Rate 10%

02 January 2013 If i have taken a form 15g and none of the person income is higher than income tax slab rate.




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