kumar (student) 23 December 2020
hi,
shall I need to deduct Tds on the interest payable to the partner ( loan taken from partner) ??
Aditi Kaur (Practising CA) 24 December 2020
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ayusmita (Tax consultant) 23 December 2020
If firm paying interest then no TDS to be deducted
but if it's out of firm means individual then my opinion yes
ayusmita (Tax consultant) 23 December 2020
Sorry but don't understand you
we means in particular what
kumar (student) 23 December 2020
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 ?
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