Tds applicability


08 September 2011 Dear Experts,

Whether tds applicable on interest on Bills of Exchange.

Most urgent

08 September 2011 My view,Interest on bill of exchange nature of bank interest so TDS not apply

08 September 2011 Ramesh Sir, Party givind payment after deducting interest.


08 September 2011 Yes , TDS will be applicable on Interest on Bill of Exchange.

08 September 2011 as i replied my view only. but this issue is debatable,



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