TDS on Bank Interest

This query is : Resolved 

20 February 2010 If we repay the bank loan in which interest is inclueded. Is there need to deduct TDS on Interest or not?

20 February 2010 Not require to deduct TDS on interest paid to financial institution.

21 February 2010 Agreed. No TDS is to be deducted.


23 February 2010 agreed



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