We are paying Interest to TIIC for Term Loan . Whether TDS to be deducted on the Interest paid to TIIC. Kindly clarify. Thanking you in advance
Regards
Vaidhyanathan
8 Replies
Kapadia Pravin
(17259 Points)
Replied 04 December 2019
I think no TDS is to be deducted on interest payment on term loans to TIIC as it is a Tamil Nadu State Government undertaking.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 04 December 2019
TDS not applicable Mr Vaidhyanathan...
S ELAVARASI
(ACCOUNTANT)
(2975 Points)
Replied 04 December 2019
TDS NOT APPLICABLE FOR INTEREST PAID TO TIIC...
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 04 December 2019
You are most welcome...
S ELAVARASI
(ACCOUNTANT)
(2975 Points)
Replied 07 December 2019
| Originally posted by : VAIDHYANATHAN PV | ||
 |
Thanks for the reply |  |
You are welcome
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