Tds on interest on loan

This query is : Resolved 

05 May 2015 Our company has taken a loan from other company of Rs. 4000000 @ 8% interest rate. we have to deduct TDS on interest payment or not? please tell me

05 May 2015 yes you have to..............

05 May 2015 Yes you are required to deduct TDS u/s 194A @ 10%.




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