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tds on interest payble to private bank

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(Querist)
04 February 2011 whether interest is payable to private bank is subject to tds under section 194A
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
04 February 2011 no tds deductible.
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CA Punit

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CA Punit (Expert)
04 February 2011 AGREE - NO TDS
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