Income received from Muthoot Finance Ltd-NCD

This query is : Resolved 

10 November 2022 Whether Interest received from Muthoot Finance Ltd. ( Non Convertible Debenture) is Without deducting TDS or after deducting TDS Pay to its customer.

10 November 2022 There is no tax deduction at source (TDS) on NCDs offered in DEMAT mode and listed on a stock exchange as per section 193 of the IT Act.



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