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TDS ON INTEREST AFTER ADJ.

This query is : Resolved 
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(Querist)
23 June 2016 firstly interest credit after that interest debit from debit notes of customer whether TDs deduct at the time of interest debit in second time
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Rupesh Jain

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Rupesh Jain (Expert)
23 June 2016 when you make first time then you have to deduct the TDS.
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Ravi

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Ravi (Querist)
23 June 2016 not satisfy ans
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Rupesh Jain

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Rupesh Jain (Expert)
24 June 2016 under income tax act if you are paying the intt exceeds Rs. 5000/- in a year to some one then you have ot deduct the tds u/s 194A.

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