Menu
TDS ON INT. PAYABLE
I have unsecured loan with me . I have passed entry of interest payable on it. is it necessary to pay TDs on that.
Replies (3)
Interest amount can you sae
Yes but loan amount is more than Rs. 5000 then require to deduct TDS under section 194A
If u are under Tax audit case then TDS to be deducted @ 10%on payment of Rs.5000.00 and above and if u not obtained form15G/15H
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
