TDS on Loan Interest

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....DS on Loan Interest<br> Query (Issue) Started By: - Ramesh Kumar Dated:- 9-6-2011 Last Reply Date:- 26-6-2011 Income Tax<br>Got 2 Replies<br>Income Tax<br>Dear Sir, We are Loan taken from TATA Financ....

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....e how do deduct TDS interest on repayment. Thanking You Reply By harish khona: The Reply: DEAR SIR, WE HAVE SIMILAR TYPE OF CASES OF SUNDARAM FINANCE, RELIGARE, INDIA BULLS AND OTHER FINANCING COM....

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....PANIES, THE ASSESSEE PAYS THE TAX ON INTEREST AND CLAIMS REIMBURSEMENT FROM THE COMPANIES BY PRODUCING THE COPY OF CHALLANS TO THEM. THERFORE YOU CONTACT TATA FINANCE AND WE UNDERSTAND FROM OTHERS IN....

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.... THIS AREA THAT TATA FINANCE FOLLOWS THE SAME PRACTICE. PL CONTACT TATA FINANCE. REGDS HARISH KHONA Reply By DEV KUMAR KOTHARI: The Reply: Tax will be deducxted only on the element of interest invo....

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....lved in repayment by way of EMI or otherwise. On principal sum there will be no TDS.<br> Discussion Forum - Knowledge Sharing ....