I have taken loan of Rs.500000.00 from a non banking financing company now i wanted to know that whether i have to deduct TDS from interest payment made to that company
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Query about TDS
Replies (7)
tell me what concern you are ,what is the amount of interest paymnet .
If ur convern is an individual and having turnover over 40 lakhs and interst is above Rs. 5000/- then only u have to deduct tds from interest payment
Yes, I agree with Mr. Srinivas
i also agree with both of my friends
i also agree with both of my friends
Interest will be approx 5000/- per month and mine partnership firm
In That Case No Tds
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