TDS ON UNSECURED LOAN
Rajkiran Ghosh (479 Points)
04 June 2018Rajkiran Ghosh (479 Points)
04 June 2018
CA Mayur Todmal
(Practicing CA)
(7751 Points)
Replied 04 June 2018
you have to consider payment to a person ( pan based) in a FY irrespective of how many time loan has been taken
A B Kundu
(Professional)
(1422 Points)
Replied 04 June 2018
Your query had already been resolved yesterday, again you are putting same thing in different way....what's the problem?
Rajkiran Ghosh
(479 Points)
Replied 04 June 2018
A B Kundu
(Professional)
(1422 Points)
Replied 04 June 2018
Answer would be remain unchanged. If payee is same you have to sum up all interest amounts paid to him and have to see whether it's crossing Rs.5K. If yes then deduct TDS.
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