Tds
This query is : Resolved
18 January 2012
i am a company. on loan taken from bank, and i will pay interest on loan, can i deduct tds on interest u/s 194 yes or no ? plz clarify ?
18 January 2012
No you can not deduct TDS u/s 194A from a banking company to which the Banking Regulation Act 1949 applies.
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