Tds
This query is : Resolved
16 November 2013
Hi. I have paid interest + principle to MAGMA FINCORP Limited for car loan payment. whether i am liable to deduct TDS on interest.
16 November 2013
yes it is required to deduct tds if you are audited person.
16 November 2013
and if the MAGMA FINCORP IS A FINANCIAL CORPORATION THEN ALSO?
16 November 2013
yes it is mandatory.
16 November 2013
OK. THANKS MR. NITESH. THANKS FOR THE EXPERT ADVICE
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