my company taken a loan from bank and it's interest per
annum is more then 10,000 /- then my company deduct tds from
interest amt

Answers were Sorted based on User's Feedback



my company taken a loan from bank and it's interest per annum is more then 10,000 /- then my c..

Answer / jayesh

no.
payment to bank is not attract tds provisions.

Is This Answer Correct ?    19 Yes 0 No

my company taken a loan from bank and it's interest per annum is more then 10,000 /- then my c..

Answer / a.karthikeyan

NO NEED TO DEDUCT TDS IF INTEREST PAYMENT MAKING TO ANY
GOVT. ORGANISATION, INSTITUTIONS , BANKS ETC.

Is This Answer Correct ?    11 Yes 2 No

my company taken a loan from bank and it's interest per annum is more then 10,000 /- then my c..

Answer / kamal

no

Is This Answer Correct ?    11 Yes 9 No

my company taken a loan from bank and it's interest per annum is more then 10,000 /- then my c..

Answer / harsh

yas

Is This Answer Correct ?    9 Yes 18 No

Post New Answer

More Taxation Interview Questions

which value we will take in c- form to issuing c- form any party basic value or basci+ tax plz ans..............

14 Answers   NPCIL,


What is TDS

7 Answers   TCS,


why form 31 used at the time of sale and purchas

1 Answers  


why is service tax recievable shown as dr balance under liability in b/s

2 Answers  


how many types of VAT?

3 Answers   L&T, Samiah International Builders,






what is the due date to submit of pf return file ?

5 Answers  


Calculate debtors at the end of the year? debtors-50000, bad debts-2000, discount allowed-1000, 5% on bad debt, 2% discount allowed?

0 Answers   OPI Global, Patra Corporation,


My unit is a manufacturing unit and deals in Auto-parts and registered in Central Excise,Service Tax and Sales Tax. Now,we intend to import machines in the company for sale them in Local market.What procedures we have to follow for the aforesaid purpose?

0 Answers   Emco,


I am working with a partner ship firm. Their are six brances in other State. Our one branch(Haryana State) sale raw material to a customer(In Haryana)and charged all tax like excise & VAT. And purchase finished goods from the same customer for other branch in Uttarakhand. What should uttarakhand branch deduct TDS for these purchase amount. If yes, then pls send us notification nos.& TDS Section.

1 Answers  


What is meant by Cost of Improvement?

0 Answers  


Hi May i know i 2 avoid Income Tax.I am getting 1,20,000PA and a house rent of 5000PM,and profit from Agriculture Income of 80,000.Is agriculture Income taken into consideration.If so how 2 calculate further & how much will b the Income TaxI will b getting.

8 Answers   SAT InfoTech,


we can cash slase above 20000? and if party pay the above 20000 we can give the recipt.

2 Answers  


Categories