Tds and other
This query is : Resolved
19 April 2012
MY CLINET HAS TAKEN LOAN FROM NRI OF RS. 10 LACS . THE LOAN TAKEN IN INDIAN CURRENCY AND INTEREST IS @ 12% P.A. .
A. WHAT WILL THE TDS RATE AND IN WHICH SECTION ?
B. ANY OTHER FORMALITIES TO BE COMPLETED FOR TAKING SUCH LOAN ?
A. WHAT WILL THE TDS RATE AND IN WHICH SECTION ?
B. ANY OTHER FORMALITIES TO BE COMPLETED FOR TAKING SUCH LOAN ?
20 April 2012
FEMA doesn't permit taking of loans from NRI untill some conditions are met.
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