Which persons are exempted from TDS deduction u/s 194A of Income tax act ? We, being a company, paying interest to Indiabulls Home Loans Ltd. So, are we required to deduct TDS on interest paid by us ?
26 September 2014
you are required to deduct TDS on payments to Indiabulls unless it provides you with a non-deduction certificate issued by income tax department.
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