Tds on interest from listed ncd/bonds
This query is : Resolved
11 April 2012
Till last financial year there was no TDS on interest on listed NCD/Bonds. Is there any change in this in the recent budget proposal?
Please advise
Pankaj Ajmera
Please advise
Pankaj Ajmera
11 April 2012
no there is no change
11 April 2012
Section 193 has been amended to include interest on debenture to HUF also.
The limit is also increased from Rs 2500 to Rs. 5000.
Furhter, now interest on unlisted debenture is also exempted from TDS to the extent of Rs.5000
The limit is also increased from Rs 2500 to Rs. 5000.
Furhter, now interest on unlisted debenture is also exempted from TDS to the extent of Rs.5000
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Import license renewal
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
