https://www.taxtmi.com/highlights?id=41202 TDS liability on Interest u/s 194A - Since there is neither any borrowing of money nor incurring of debt on the part of the assessee, in the present factual scenario, interest as defined under section 2 (28A) of the Act can have no application to such payments. en-us Mon, 03 Sep 2018 14:55:49 +0530 Mon, 03 Sep 2018 14:55:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=41202 TDS liability on Interest u/s 194A - Since there is neither any borrowing of money nor incurring of debt on the part of the assessee, in the present factual scenario, interest as defined under section 2 (28A) of the Act can have no application to such payments. Highlights Income Tax Mon, 03 Sep 2018 14:55:49 +0530 https://www.taxtmi.com/highlights?id=41202