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Tds deduction on interest on loan

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 June 2014 If the Financial Institution is incorporated under Central / State / provisional act then why TDS will not be attracted ?

Awaiting against prompt and positive reply.

With Best Regards,


Savan Kasliwal
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Deepti Asawa

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Deepti Asawa (Expert)
26 June 2014 https://www.caclubindia.com/experts/tds-on-interest-payment-to-financial-institutions-1112829.asp
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Rupesh Jain

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Rupesh Jain (Expert)
26 June 2014 you can take list of institution on which tds not applicable see.

http://law.incometaxindia.gov.in/dittaxmann/incometaxacts/2005itact/section194a.htm
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