TDS 194A OF INCOME TAX

This query is : Resolved 

11 December 2008 Dear Experts
Dealer has paid to interest monthly Rs.3000/- its applicable to 194A section? Please cleared me

12 December 2008 Aggregate amount of interest is exceeds Rs.5,000/- Hence, TDS is to be deducted.

12 December 2008 Yes TDS is applicable




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