Should we deduct tds on interest on loan taken from SICOM Ltd. It is a financial institution in which Maharastra Govt is holding 49.07% ..??
Prithvi Krishna (Article Trainee) (43 Points)
12 May 2015Should we deduct tds on interest on loan taken from SICOM Ltd. It is a financial institution in which Maharastra Govt is holding 49.07% ..??
pavan kumar
(CA Final , CMA Final)
(202 Points)
Replied 14 May 2015
Yes, if tax audit is applicable to you