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Tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 September 2011 Sir or Mam

Please clarify whether TDs deducted on interest paid to KOTAK MAHINDRA PRIME LTD , against Car Loan. Payment made by post dated cheques and through ECS. Please Reply
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CA Ashwani Agarwal

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CA Ashwani Agarwal (Expert)
08 September 2011 In case interest is paid to any financial institution then there is no need to deduct TDS.

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