Poonawalla fincorps
Poonawalla fincorps

Is tds applicable for paymemt of interest to finance companies?

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(Querist)
02 April 2015 Is interest payment to finance companies subject to tds for vehicle loans?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
02 April 2015 Yes. TDS applicable on the interest paid for vehicle loans to finance companies

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