Poonawalla fincorp
Poonawalla fincorp

Regarding TDS

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 August 2010 hiii
Our client has taken a loan from pathsanstha, so is it necessary for the pathsanstha to deduct tds from interest...
or if we hv to deduct tds and pay interest to pathsanstha..

18 August 2010 The latter is correct.YOu have to recover Income tax U/s 194A if the interest amount exceeds RS 5000/- @ 10%



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