TDS
This query is : Resolved
23 December 2009
Whether tax will be deducted at source u/s 194A on penal interest payment?
23 December 2009
Penal interest
It is the interest rate charged by the bank or lending institution from the borrower if he misses a repayment. It is also called the late payment penalty
if receiver is under govt. then no tds applicable. if you are paying to any private institute then TDS applicable.
It is the interest rate charged by the bank or lending institution from the borrower if he misses a repayment. It is also called the late payment penalty
if receiver is under govt. then no tds applicable. if you are paying to any private institute then TDS applicable.
23 December 2009
Agree
23 December 2009
AGREE
23 December 2009
agree rate @ 10% & 20%
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
Trending Online Classes
CAclubindia
