A COMPANY HAS TAKEN CAR LOAN FROM KOTAK PRIME MAHINDRA LTD. (SUBSIDIARY OF KOTAK MAHINDRA BANK LTD.). IS TDS APPLICABLE U/S 194A ON PAYMENT OF INTEREST??
REPLY AS SOON AS POSSIBLE.
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Tds applicable or not??
Replies (2)
Read FAQ No. 14 -> https://carloan.kotak.com/common/pdf/cs_faqs.pdf
yes. TDS applicable on interest payments.
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