Tds on payment
This query is : Resolved
05 January 2016
Sir, can we deduct TDS on payment of Interest on car loan ?
05 January 2016
No requirement to deduct TDS on loan from bank or public financial institutions.
In other case deduct TDS if interest exceeds Rs. 10000p.a( like loan from india bulls etc)
In other case deduct TDS if interest exceeds Rs. 10000p.a( like loan from india bulls etc)
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