Tds on trade advance

This query is : Resolved 

22 June 2012 DO WE NEED TO DEDUCT TDS WHEN INTEREST IS PAID AGAINST TRADE ADVANCE??????

22 June 2012 TDS IS TO BE DEDUCTED U/S 194A..
INTEREST OTHER THAN INTEREST ON SECURITIES.@10%.

22 June 2012 can u tell me where exactly to search this in act or on net


22 June 2012 NET SHOWING DIFFERENT ACT ??????

ACT SHOWING DIFFERENT ACT?????
WHAT DO YOU THINK MR ANKIT

CLEAR?????




22 June 2012 not clear boss

22 June 2012 can u elaborate

22 June 2012 TDS is to be deducted on advances paid.


@ Praveen's reply: that's a doozy!!



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