194A applicability

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50 Points Joined October 2017
Whether TDS is applicable on payment of interest to a lender Company who is subsidiary of a Banking Company-Please advise
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On 10 May 2021 at 11:55 Report
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13 Points Joined July 2019
No TDS will be deducted if any interest other than from securities is paid or credited to any banking co.
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On 10 May 2021 at 12:15
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Chartered Accountant
24588 Points Joined November 2019
Agreed
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On 10 May 2021 at 12:17
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28122 Points Joined May 2017
Generally while paying TDS ON INTEREST ON LOAN WE DEDUCT TDS @ 10%payable to an assesse.
Sec 194 A.
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On 10 May 2021 at 12:49
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Practice
1361 Points Joined June 2019
If banking company, then No tds shall be deducted.
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On 10 May 2021 at 13:22
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28122 Points Joined May 2017

Not necessarily there are seperate provisions for that..

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On 10 May 2021 at 13:27


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