tds on interest on unsecured loans
This query is : Resolved
23 October 2009
In case of a private limited company, is tds required to be deducted in case of payment of interest on unsecured loans?
loan taken from shareholder & directors of the company.
loan taken from shareholder & directors of the company.
23 October 2009
Loan taken from whom ? The type of lender is deciding factor, secured or unsecured is not the deciding factor.
Interest paid on lan taken from Bank,Public Financial Instutions, Credit Co-operative society etc is not subject to TDS.
Interest paid on lan taken from Bank,Public Financial Instutions, Credit Co-operative society etc is not subject to TDS.
23 October 2009
yes,
t.d.s is mandatory
t.d.s is mandatory
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
- Errors in lTDS FORM 26 QB FILING FOR Last instalment payment FOR HOUSE PROPERTY PURCHASE
- Reg Correction Form 15CB & 15CA
- Regarding Capital gain of NRI
- Address Proof Required Gst Registration in UP
- TDS deposited by party after the filing of income tax returns
- Gstr9 fy23-24
- LATEST NOTIFICATION RCM ON RENT
- RCM liability / ITC statement
- Query on Cheque
- GST Input disallowed on account of e invoice not issued by supplier
- Can we Itc on hotel bills
- Voluntary gst tax given in DRC FORM 3 US 122 AND US125
- Rule 42 Calculation
- At least one Business Code is mandatory either in Schedule Nature of Business or at Point 61
- Fixed assets to be expensed out resulting nil value
- ITC RECREDIT NOT SHOWN IN GSTR 9
- Regarding Tata Motors Stock
- GSTR9 ITC AVAILED CLARIFICATION
- Gstr9 2023-24
- Wrong itc ingstr-3b coloum4-b-1
Trending Online Classes
-
6 days Certification Course on GST Practical Return Filing Process
CA Pratibha Goyal16 December 2024
CAclubindia
