Tds on laon given by the partners

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 December 2015 whether TDS will be deducted on interst on loan given by the a partner to partnership firm.
i have read that TDS non deduction on interest on partner capita.

27 December 2015 TDS not applicable on interest paid by partnership firm to partner.

Refer section 194A(3)(iv) of Income Tax Act 1961.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries