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Interest on Tds

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13 March 2010 Ours is a Partnership firm, we borrowed Equipment loan from Citi Corp.Finance Ltd,GE Capital, L&T Finance,Magma leasing ltd,Srei inter.Fin.Ltd,Sundaram Finance,TataCapital ltd,Reliance Capital ltd,ABN Amro Bank, HDFC Bank, Icici Bank ltd,Kotak Mahindra Bank and SCB Bank.and we paid Emis. So on that loan Int. I have to deduct tds or not. Pls reply me.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
13 March 2010 other than bank all financial institution interest need to deduct TDS
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