Tds on interest from listed ncd/bonds

This query is : Resolved

pankaj ajmera (Querist)
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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

Aditya Maheshwari

Aditya Maheshwari (Expert)
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11 April 2012 no there is no change

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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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

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