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T.D.S.

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(Querist)
05 September 2016 Whether TDS. is deqruire to deduct in case of interest charged by a supplier on delay in payment against amount due for goods purchased
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CA MANISH SAXENA

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CA MANISH SAXENA (Expert)
05 September 2016 No, You are not required to deduct the TDS. Please refer Sec 194a.

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