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Applicability of tds on interest paid on vehicle loan

This query is : Resolved 
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(Querist)
29 August 2013 Loan has been taken from Cholamandalam investment and finance company and Reliance capital for purchse of vehicles where pdcs were given and no tds was deducted since pdcs were given.

whether the same has to be disallowed while computing income and CA has to qualify the same in Tax audit report
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
30 August 2013 TDS applicable on interest paid to finance companies.
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