CA ANKUR AGRAWAL (PARTNER) (34 Points)
25 June 2009A loan is taken by a company from bank in the name of its director, and company is repaying that loan with interest. Should company deduct tax at the time of payment of interest
Mehul Lodaria
(CA)
(69 Points)
Replied 25 June 2009
as per latest decision given in this particular matter by apex court the company is required to be duduct the tax at source
CA. Rashi Goyal
(Chartered Accountant)
(512 Points)
Replied 25 June 2009
Please provide the details of decision given by apex court.
RAMANJU
(here to updating the knowledge)
(485 Points)
Replied 26 June 2009
CAclubindia
