I want to know TDS liability on Pvt Company for INTEREST on non-convertible debenture issued to FII in INR currency, Date of the issue of NCD 1 August 2017 Date of payment of interest 15 January 2018 Amount of total NCD 100 Cr. The rate of annual interest is 18%. total interest value is 8.28 Cr. My opinion is to apply section 194LD in this case, Am I right? please advice.
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