TDS of interest on employee loan

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Please inform me that How much TDS will pay of interest recd on employee loan?  If amount is around Rs. 50000.00 (i.e. from 1 employee)

Can i get FBT & Advance Tax working sheet

Replies (2)

Ref. Sec 194 A,  Individual is not applicable tds as per sec 194 A. So don't requied to deducted the Tds on Individual

the TDs would be apllicable @ 10% rate + 2% ed. cess +1% high. ed. cess

 

ref sec 194A 4 more details


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