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E-TDS

Thooya (Accountant) (170 Points)

08 February 2019

sir, is it mandatory to deduct TDS for interest paid for term loan of a trust?

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CA Shrey Tripathi (Proprietor at S I Tripathi & Co.) (154 Points)
Replied 09 February 2019

if interest paid to bank, no need to deduct tds. if NBFC/other, then liability to deduct tds arisw. For more information, check section 194A..

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