Tds on interest

This query is : Resolved 

09 November 2012 Whether company has to deduct TDS on interest part of Car Loan EMI? the said loans are from Reliance capital ltd.,& L&T finance Ltd, Diamler Financial Services India Ltd.etc & all installment paid by advance cheque. will interest on that would attract provision of tds ????




Thanx..

10 November 2012 Hi,

You will have to deduct tds.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries