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    <title>tds on earnest money refund along with assured return</title>
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    <description>Withholding tax on interest applies only to amounts that are in the nature of interest or return on money; any component that represents assured return is subject to TDS, whereas the refunded principal portion of earnest money that does not constitute interest is not subject to withholding under the interest-specific provisions.</description>
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      <title>tds on earnest money refund along with assured return</title>
      <link>https://www.taxtmi.com/forum/issue?id=2606</link>
      <description>Withholding tax on interest applies only to amounts that are in the nature of interest or return on money; any component that represents assured return is subject to TDS, whereas the refunded principal portion of earnest money that does not constitute interest is not subject to withholding under the interest-specific provisions.</description>
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