Question ID :
44977
TDS liability on interest
A proprietor firm is paying interest on loan to individuals.
Whether exemption limit for them is Rs 50000- for FY 2025-26
Posted by
Mahesh Kumar
on
Apr 09, 2026
Filed Under
Direct Taxes
For non-banking payers, TDS is applicable if interest exceeds ?10,000 in a year.
Posted by
CA. SATISH CHAND GARG on
Apr 09, 2026