Tax deducted at source

This query is : Resolved 

10 September 2011 can we deduct tds on interest on secured loan of nationalized bank.

10 September 2011 It is charges by Bank, you need not to Deduct TDS on interest.Some of Expenses are your expenses,but in case of Nationalised Bank, You are not fixed how to much to be debited.In other loan you must deduct tax.

10 September 2011 There is no need to deduct u/s 194A.


10 September 2011 Section 194A specifically excludes Banks.

12 September 2011 Thanks to all of exper



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