Tds


19 March 2014 If company is proprietor firm, & take loan in personal account, so, TDS deduction is applicable on loan or not ?

19 March 2014 Your Question is not clear at all

20 March 2014 I means,

If Mr. A is proprietor of company name of xyz co. & if xyz co.'s bank account in icici bank & Mr. A's bank account in HDFC. Now, Mr. A loan received as unsecured in his personal HDFC bank account. Now , Mr. A give intrest on loan. So, TDS is applicable for deduct against Intrest or not.




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