sir,
I take 400000/- from realative as unsecured loan @ 5% interest.
how I will pay installment. is there tds applicable.
3 Replies
Ankit Neema
(2742 Points)
Replied 05 April 2021
TDS is not applicable, unless you have taken it business and business turnover exceeds Rs. 1 cr
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 05 April 2021
No TDS will be applicable
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