hi,
shall I need to deduct Tds on the interest payable to the partner ( loan taken from partner) ??
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Tds on loan interest to partner
Replies (6)
If firm paying interest then no TDS to be deducted
but if it's out of firm means individual then my opinion yes
but if it's out of firm means individual then my opinion yes
We are paying interest to our partner ( partner capacity)
Sorry but don't understand you
we means in particular what
we means in particular what
We are paying interest to our partner from our firm to his account on the loan taken from him
is there any need to deduct Tds on this interest paid ?
is there any need to deduct Tds on this interest paid ?
If firm paying interest no need to deduct tds
Ok thank u
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