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TDS

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(Querist)
09 July 2011 SIR,
PLS TEL ME SIR AM I DEDUCT TDS ON INTT. FROM PARTNER'S CAPITAL.
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CA Navin Jain

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CA Navin Jain (Expert)
09 July 2011 partner is a specified person under sec 194A, hence no tds would be deducted on interest on partner capital
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hemi

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hemi (Expert)
09 July 2011 no tds is to be deducted as it is specifically exempted.
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