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Tds

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Querist : Anonymous (Querist)
14 September 2013 Whether TDS payable on Penal interest paid by a construction company
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Vijay Thadani

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Vijay Thadani (Expert)
14 September 2013 If the penal interest is being paid to the Government there will not be any TDS. If to any person as per contract deviation, then in my opinion TDS will be payable u/s of original scope of work.

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