Tds on interest charged on latter of credit


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Querist : Anonymous

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Querist : Anonymous (Querist)
05 August 2013 please tell me whether we required to deduct tds on interest charged on latter of credit, payment is mede to resident company.second company has raised debit note for interest charges and other charges.

05 August 2013 TDS IS REQUIRED TO BE DEDUCTED ON SUCH TRANSACTIONS.

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 August 2013 Thanks Sir, but can you please give me details provision or case study for clear idea...?




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