Tds rate on loan given to a firm from personal file
This query is : Resolved
08 April 2025
I have given loan to a proprietorship firm .what is tds rate for fy 2024-2025. Is there any threshold limit on interest amount? Is tds rate same for proprietorship firm or partnership firm? Please clarify?
08 April 2025
Pl clarify the tds rates now?
09 April 2025
The TDS rate on interest paid by a proprietor, under Section 194A of the Income Tax Act, is generally 10% if the recipient provides a valid PAN.
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