Tds on interest paid on partners and remunaration

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 December 2012 please tell me TDS Rate of interest on partners capital and partners remunaration for the F.Y. 2011-12

Thanking you

CA Manish (Expert)
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10 December 2012 There is no need of deduction TDS on Interest paid to partners.

For remuneration as per applicable slab rate of income tax.

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